Monday Market Update: 5.5 Million Potential Buyers Added In 2026
Plus, pending sales in the SF metro rose almost 9%.
Spring isn’t here yet but the seasonal activity in the real estate market is already in bloom! A few weeks ago, the National Association of Realtors (NAR)® published a news release plus the graphic below on the status of national pending home sales.
The two most notable trends that have emerged are:
1) A statement from Lawrence Yun reported that based on today’s rates, an additional 5.5 million households can qualify for a mortgage that would not have been eligible 12 months ago. Note that historically only 10% of those eligible will move quickly, but it’s still a circumstance that could impact the market.
2) The West shows the second highest increase in month-over-month pending home sales of all four regions, but the lowest year-over-year pending sales growth.
The San Francisco–Oakland–Fremont metro ranked #4 in the country
of the 10 markets posting the biggest annual increases in pending home sales, with a jump of 8.9%.
To read more about the national averages and regional differences, be sure to read the NAR® news release in full here.
As always, be sure to let us know if you need a trusted referral to discuss the dynamics and opportunities in your current community. We cannot emphasize enough that real estate is a hyper local industry!
Cheers to a new month with fresh focus,
Bobbi
Bobbi Decker
DRE#00607999
Broker Associate, Bobbi Decker & Associates
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
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