02/16/2026
Happy Presidents' Day
This is where we are in the market at this point of 2026:
*Rates dropped to 6.04 percent, lowest in months.
*Buyer demand increased 5 straight weeks year over year.
*Price reductions fell from 33 percent to 32 percent, first decline
in months.
*Inventory growth slowed from 33 percent to 8 percent.
*Market tightened as demand absorbed supply.
*Buyers are active but selective. There is still competition for well priced and staged homes.
*Strategic pricing determines outcome and leverage.
*First price still controls momentum.