2027 Brings Promising Homebuying Opportunities Ahead

A lot of folks ask me if it’s worth waiting for homes to get more affordable. Here’s the real story: projections show mortgage rates holding steady around 7% in 2027, while home prices are expected to rise another 2.2%. That’s thanks to ongoing inflation and the high cost of building materials. Even if prices dip a bit in 2026, affordability could actually get tighter—not easier—for buyers down the road. After 30 years helping families in Leesburg find their footing in the market, I can tell you: timing matters, but so does having the right information. In this market, clear-eyed decisions beat wishful thinking every time.