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3 Things That Are NOT Going to Happen in Today’s Housing Market (2026 Reality Check)

Thursday, April 23, 2026   /   by Vic Markarian

3 Things That Are NOT Going to Happen in Today’s Housing Market (2026 Reality Check)

3 Things That Are NOT Going to Happen in Today’s Housing Market (2026 Reality Check)

Feeling Uncertain About Buying Right Now? You’re Not Alone.

If you’ve been thinking about buying a home in Glendale, CA, Burbank, La Crescenta, Montrose, Tujunga, Sunland, Granada Hills, Van Nuys, North Hollywood, or anywhere in Los Angeles County, chances are…

You’ve seen the headlines.

And honestly?
They can make the market feel a lot scarier than it actually is.

A recent study shows buyers are most concerned about:

  • Mortgage rates
  • Housing inventory
  • Home prices

But here’s the truth most people aren’t hearing:

A lot of those fears are based on misconceptions—not real data.

Let’s break down what’s actually happening.


Misconception #1: “Mortgage Rates Are Going To Drop Dramatically”

A lot of buyers are waiting on the sidelines, hoping rates will suddenly fall.

But the data tells a different story.

?? See the projection below:

a graph with numbers and lines
 

Suggested SEO Alt Text:
“Mortgage rate projections 2026 Fannie Mae MBA Wells Fargo forecast around 6 percent range”

Most major forecasts show:

  • Rates stabilizing around the low-to-mid 6% range
  • No major crash or dramatic drop expected

That means waiting for a huge drop could backfire.

Because while you wait:

  • Prices may rise
  • Competition may increase
  • Opportunities may pass

And compared to last year?
Affordability has already improved.


Misconception #2: “There Are Too Many Homes for Sale”

Yes—inventory is up.

But that’s actually a good thing for buyers.

More homes =
? More choices
? Less pressure
? Better negotiation opportunities

But here’s what headlines aren’t telling you:

?? Look at the full picture:

 

Suggested SEO Alt Text:
“housing inventory still below 2017 to 2019 levels despite year over year increase”

Even with recent growth:

  • Inventory is ~14% BELOW normal levels (2017–2019)

That means:
?? We’re still in a supply-constrained market

And that’s a big reason we’re not heading toward a crash.

In areas like Glendale, Burbank, and North Hollywood, this is even more noticeable because desirable neighborhoods still have limited supply.


Misconception #3: “Home Prices Are About To Crash”

This is probably the biggest myth right now.

Yes, some areas are seeing small price dips.

But that’s not a crash.

Here’s what’s really happening:

 

Prices today are:

  • Slightly adjusting in some markets
  • Still significantly higher than just a few years ago

What you’re seeing is normal market stabilization after massive growth.


Why Prices Aren’t Crashing

There are three key reasons:

1. Homeowners Aren’t Selling

Many sellers are holding onto low mortgage rates from previous years.

That limits inventory growth.


2. There’s Still Not Enough Supply

Even with more listings, inventory is still below normal levels.

Not enough homes = no crash pressure.


3. Sellers Are Getting Smarter

Instead of slashing prices:

  • Some sellers are adjusting expectations
  • Others are pulling listings off the market

That keeps prices more stable overall.


What This Means for You as a Buyer

If you’re looking in:

  • Glendale
  • La Crescenta
  • Montrose
  • Burbank
  • Granada Hills
  • Van Nuys
  • North Hollywood
  • Surrounding Los Angeles County

Here’s the reality:

The market is shifting toward balance, not breaking.

That means:

  • More options than before
  • Less chaos than 2021–2022
  • Better opportunities if you act strategically

Bottom Line

What you’re seeing online is designed to grab attention—not always reflect reality.

The real data shows:

  • Rates aren’t crashing
  • Inventory isn’t excessive
  • Prices aren’t collapsing

The market is normalizing.

And for buyers?
That’s actually a huge opportunity.


Ready for the Real Story in Your Area?

Every neighborhood is different.

If you want to know what’s actually happening in:

  • Glendale
  • Burbank
  • Sunland / Tujunga
  • North Hollywood
  • Or anywhere in Los Angeles County

Call 818-860-7386

Let’s break down your options and build a smart game plan based on facts, not headlines.

 
 
 


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Vic Markarian Realty Group
3237 N Verdugo Rd, Glendale, CA 91208, United States

+1 818-824-5023


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Markarian Realty Group
3237 N. Verdugo Rd.
Glendale,, CA 91208
818-248-8668
DRE# CalBRE# 01059771

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