Categories: Uncategorized

Spring Market Starts on Firmer Footing

The national housing market entered spring stronger, helped by better affordability and rebuilding inventory, even as 30-yr mortgage rates rebounded from early-2026 lows.
Annual home price growth was 0.4% in Late-Q1, while Mid-Q1 and Late-Q1 posted the strongest seasonally adjusted monthly gains in nearly 12 mo.
Affordability still improved yearly despite rates rising ~0.4 points since late Mid-Q1, which cut buying power ~4% from early-2026 peaks.
Inventory ↑8% yearly in Late-Q1, but active listings stayed 11% below typical 2017–2019 levels. Four in 10 markets matched or exceeded pre-pandemic supply.
Refinance incentives weakened sharply. Higher rates cut borrowers considered in the money by ~60% from recent highs, while homeowner lock-in looked likely to ease gradually.
Mortgage stress also ticked higher: delinquency reached ~3.7% in Mid-Q1, and ~878K loans were severely delinquent or in foreclosure, highest since Mid-2018 excluding pandemic effects.
Price firming broadened, but

Daulton Ehlen

Recent Posts

Marco Island Holds 2027 Tax Rate Steady

Marco Island approved a Fiscal 2027 budget of $34.3M and held its property tax rate…

5 hours ago

Marco Island Taxable Values Rise 4.39%

Preliminary estimates showed Marco Island market value at $23.4B, down ~2% yearly, while taxable value…

1 day ago

Homes Selling Faster—Sellers See Quicker Moves in Marco Island

The percentage of homes going off market within two weeks in Marco Island jumped by…

3 days ago

Naples Sellers: List Prices Are Rising in 2026

In Q3 2026, the median list price in Naples, FL jumped 20% year-over-year. Sellers are…

4 days ago

Sellers See Stronger Negotiating Power in Marco Island

The average sale-to-list price ratio in Marco Island rose by nearly 2 percentage points year-over-year.…

5 days ago

Happy Halloween

Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest…

5 days ago