The 2nd Quarter of 2026 Will Go Like This...
...slow and then a little faster
the year started off with great optimism for sure
- interest rates were coming down
- homes going on the market was increasing
- buyers were active
Unfortunately, that momentum was derailed
by any number of things
so what needs to take place for the market to pick up
- end the government shutdown
- end the war in Iran
- interest rates to drop back down below 6%
and while all of this won't happen overnight
it seems very likely to happen
at this very moment there is a lot of chatter about the end of the government shutdown
that will get a few buyers and sellers to re-enage real estate
it also seems like we are a couple of weeks away from ending the war in Iran
that will get a few more buyers and sellers re-engaged
the really big thing that I see on the horizon
is that there is a Fed Meeting April 28-29
and its the last one that Jerome Powell will lead
he may/may not lead the FOMC to lower interest rates
but the new Fed Chair will start in May
and it would be shocking if rates are not lowered at the June 16-17 meeting
it may not take much more than that to get things moving in the right direction
and quite honestly - there are way too many people on hold right now
that are just waiting for the "all clear sign"
to jump right back in to the market
today's show solidifies the "slow and then fast" 2nd quarter forecast