The February PAPI declined over the month and is nearly 10% lower than a year ago, reflecting both reduced payments and steady income growth, Edward Seiler said. While affordability conditions remain challenging in many markets, these incremental gains felt across more than half of states are an encouraging sign for prospective buyers, particularly those seeking lower-payment options.
Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
HousingWire's 2026 Rising Stars honor industry leaders age 40 and under who are making an impact across mortgage, real estate and homebuilding. The honorees represent a range of roles and are recognized for driving innovation, supporting their organizations and contributing to broader industry progress.
The UK property market continues to evolve, with increasing demand for speed, certainty and flexibility driving growth in the fast house sale sector. House buying companies have become a significant part of the market, offering homeowners an alternative to traditional estate agent sales.
Housing inventory is expected to set a seasonal low sometime early in 2026, hopefully sooner rather than later. We don't want what happened in 2023, when the seasonal bottom came in April. We would want the seasonal bottom to happen in February: more supply means less price growth and better affordability. However, since mid-June, the inventory growth has slowed significantly, and mortgage rates are at 3-year lows.
They have strong demand for the American dream of homeownership, but they're really just feeling left behind right now, Jessica Lautz, the deputy chief economist at NAR, said of first-time buyers. Homeownership is a way that many Americans build wealth and unfortunately they're just being pushed to the sidelines for a longer period of time and losing out on those wealth gains. They're also thinking about unique ways to enter into homeownership.
Despite challenges like continued margin pressure and housing inventory constraints, the report said that brokerage leaders remain optimistic, adding that the 2026 results mark a shift from the uncertainty recorded in previous years. The 2026 outlook shows confidence has not faded. It has hardened, Minard said. Brokerage leaders now expect growth while staying focused on pricing pressure, margins, and execution.
In December, Seattle dazzled with an active listing count of 1,566, showcasing an impressive 27.8% surge compared to the same month last year. This was more than double the national growth rate of 12.1%. The number of newly listed homes in Seattle edged up by 0.7% year-over-year, bucking the national decline of 1.8%. This significant rise in inventory unveiled a more balanced market, providing buyers with an enticing array of home selections.