Almost one month into 2026, a clear consensus has emerged among housing market forecasters: This year is expected to be one of gradual normalization, rather than a dramatic rebound. For those of us in the industry, this means opportunity—but only for businesses that adapt their strategies and adjust their goals for a market moving toward more balanced, rate-sensitive demand. Detailed here are outlooks for mortgage interest rates, housing inventory, and home prices and sales as well as tips to help you achieve success in the coming year.