August 6, 2026, EDITION

Buyers are entering August with more homes to choose from than they had a year ago. Active inventory continues to grow, giving house hunters more opportunities to compare properties while homes continue selling at a healthy pace.

Affordability showed modest improvement in June. The typical monthly payment for purchase applicants declined slightly, offering welcome relief for buyers keeping a close eye on their budget.

Homeowners remain in a strong financial position. Many continue to benefit from significant home equity built over the past several years, providing flexibility for those considering selling and making their next move.

Today’s market is rewarding buyers who come prepared. More homes are available, and many sellers are entering the market with realistic expectations, creating opportunities for well-qualified buyers.

Homeownership continues to be a long-term priority for many Americans. Even with higher borrowing costs, buyers are finding ways to move forward, helped by improved affordability, expanded financing options, and a wider selection of homes.

Summer remains an active time to make a move. Whether you’re buying your first home, upsizing, or downsizing, having more inventory available makes it easier to find a home that fits your lifestyle and goals.

DID YOU KNOW?…Many homeowners today have built substantial home equity while holding mortgage rates well below current market levels. That financial strength continues to support a stable housing market.

Freddie Mac’s latest Primary Mortgage Market Survey shows mortgage rates continuing to fluctuate within a relatively narrow range. While affordability remains an important consideration, modest improvements in monthly payments and a growing selection of homes are helping many buyers continue their home search. Remember, mortgage rates can be extremely volatile, so check with your mortgage professional for the most up-to-the-minute information.

If you’ve been searching for a while without finding the right home, now is a great time to revisit your saved searches. As new listings continue to come on the market, a home that fits your needs could become available sooner than you expect.

If you’re thinking about selling this year, remember that buyers are comparing more homes than they were just a few months ago. Professional photos, thoughtful staging, and a competitive asking price can help your home capture attention and generate stronger interest.