What the Real Estate Market May Look Like in 2026

Market Update Jeff Lang November 21, 2025

Mortgage rates easing and price growth stabilizing make next year worth watching.

Why 2026 Could Be the Year for Homebuyers and Sellers in San Mateo County

After a few years of uncertainty in the housing market, 2026 is shaping up to be a year of change. Experts predict that more homeowners and buyers will start making moves, opening opportunities for those ready to act.

More Activity in the Housing Market

In recent years, many potential buyers and sellers hit the pause button due to rising mortgage rates and affordability concerns. But that pause isn’t likely to last forever. People will always need to move—for work, family, or lifestyle reasons—and industry forecasts suggest 2026 could see a noticeable increase in market activity.

Mortgage Rates Could Ease Slowly

One of the biggest factors influencing buyer behavior is mortgage rates. After climbing near 7% earlier this year, rates have started to trend downward. Forecasts indicate this gradual decline may continue into 2026, although the path won’t be smooth. Rates tend to fall “one step at a time” rather than in dramatic drops.

Even modest decreases in interest rates can make a big difference. Compared to earlier in the year, buyers can save hundreds of dollars on monthly payments, improving affordability and potentially making homeownership more attainable in San Mateo County.

Home Price Growth Will Be More Sustainable

While mortgage rates are a key driver, home prices also play a major role in the market. Experts expect prices to continue rising nationally, but at a slower, more manageable pace. This steady growth gives buyers confidence that their investment won’t suddenly lose value, while sellers can still expect reasonable returns.

Local trends will vary depending on inventory levels and demand in each neighborhood. Even in areas seeing slight declines, home values are still higher than they were a few years ago, meaning the market remains strong overall.

What This Means for You

For buyers, the combination of slightly lower mortgage rates and predictable home price growth creates a more approachable market. For sellers, increased buyer activity means more potential interest in your home.

After a quieter period, 2026 is shaping up to be a year of opportunity in real estate. If you’ve been waiting for the right time to make a move, this could be it.

Thinking about buying or selling in San Mateo County next year? Reach out to a local agent to start planning your strategy and take advantage of the shifting market.

Jeff Lang

Primary phone
(650) 766-6412
License Number
#01221669
Email
[email protected]
Address
1440 Chapin Ave,
Burlingame, CA 94401

About The Author

Jeff Lang's career in real estate is a testament to his strategic, growth-oriented mindset and his dedication to helping clients navigate the unique landscapes of San Mateo County. With his focus on areas from Burlingame to San Carlos and Pacifica since 2011, Jeff has become an invaluable asset to those seeking the perfect balance of urban and suburban life. His appreciation for the county's temperate weather and easy access to a plethora of outdoor activities resonates deeply with his clientele, who seek both the vibrancy of urban living and the tranquility of suburban spaces.

Beginning his journey in commercial real estate in San Francisco in 1997 and later transitioning to residential real estate in La Jolla, Jeff has honed a deep understanding of the industry. Known for his professional, caring, and patient approach, he brings a results-oriented and responsive attitude to every transaction. Jeff's unique strength lies in his ability to outperform competitors by leveraging his extensive experience and education.

Jeff leverages his education having received his JD and an MBA, alongside numerous real estate certifications including Master Certified Negotiations Expert and Certified Luxury Home Marketing Specialist, enabling him to devise winning strategies for each transaction. His approach not only ensures success but also puts his clients at ease, earning their trust and loyalty.

Outside of real estate, Jeff's life is as dynamic and multifaceted as his professional pursuits. His hobbies range from trail running and hiking with his dog to playing golf, tennis, and pickleball, and he's an enthusiastic Peloton user. A proud graduate of law school at the age of 42 and an Ironman triathlon finisher, Jeff's achievements speak to his determination and commitment. These qualities, combined with his professional expertise, make him an exceptional choice for buyers, sellers, and investors—especially in the $2m+ range—who are looking for more than just a transaction but a partnership with a seasoned expert who will turn them into raving fans.

In his over two decades in real estate, Jeff is most proud of partnering with his clients to build the life of their dreams. It helps that Jeff is a negotiations shark, having competed nationally as president of the negotiations team in law school and as a Master Certified Negotiation Expert (MCNE). His MBA and JD also give him and his clients a competitive advantage in every transaction, leading to his listings selling for 4.8% more than the average San Mateo County agent and offers getting accepted 6x more frequently.

If you are looking for an agent who will take on your goal as their own and be relentless in their pursuit of achieving that goal, then you want Jeff as your partner. He’s completed five marathons, including one in Antarctica, and dozens of triathlons, including an Ironman. His passion for taking on a challenge and grinding away to craft creative solutions is unparalleled. Jeff has a natural talent for putting things in perspective, keeping your eye on the prize, and clarifying the strategy to provide opportunities for success in your transaction.

A few of Jeff’s other certifications include NAR’s ePro for advanced digital marketing and NAR’s Green Designations for sustainability in real estate, Pricing Strategy Advisor (PSA) certification, Keller Williams’ BOLD program, and Tony Robbins’ Mastery University. He is also a member of the Institute for Luxury Marketing. These help him and his clients outpace the competition by selling at a higher price and getting offers accepted more often. This track record and partnership continue to provide repeat and referral business, the basis for his growing business.

Reach out to Jeff for a free consultation to discuss your real estate goals. He would be happy to make your goals his and utilize his extensive experience to make it happen.