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Affordability Has Improved in All 50 States

Thursday, March 19, 2026   /   by Vic Markarian

Affordability Has Improved in All 50 States

Affordability Has Improved in All 50 States

If you’ve felt like buying a home has been out of reach over the past few years, you’re not alone.

A lot of buyers across Glendale CA, Burbank, La Crescenta, Montrose, Tujunga, Sunland, Granada Hills, Van Nuys, North Hollywood, and surrounding Los Angeles County communities hit pause for the same reason:

The numbers didn’t feel comfortable.

Monthly payments were high. Rates were elevated. And affordability felt stretched.

But something important has been changing, and many buyers haven’t fully noticed it yet.


Affordability Is Improving Nationwide

The short answer: affordability has improved in all 50 states over the past year.

According to new data from First American, the pressure buyers felt during the peak of the market has started to ease.

That doesn’t mean homes are suddenly “cheap.”

But it does mean the direction is shifting, and that shift matters.

For buyers, even small improvements in affordability can translate into:

  • Lower monthly payments
  • More purchasing power
  • More flexibility when choosing a home

Some Areas Are Seeing Bigger Improvements

Affordability gains aren’t identical everywhere.

Some cities are seeing more noticeable improvement than others, depending on inventory, pricing trends, and local demand.

Here are the markets where affordability has improved the most:

a house with palm trees and brick driveway
 

Cities like Miami, Atlanta, and Seattle are leading the way, but the broader trend is happening across most of the country.

And while Los Angeles County isn’t on that list, the same forces are still at play locally.


Why Affordability Is Improving

The biggest driver behind this shift is inventory.

As more homes come onto the market, buyers gain options.

And when buyers have options, several things happen:

  • Sellers become more flexible
  • Price growth slows or stabilizes
  • Negotiation opportunities increase

 

What we’re seeing across Glendale, Burbank, and North Hollywood is that buyers are no longer forced into rushed decisions the way they were a few years ago.

In areas like Granada Hills, Sunland, and Tujunga, growing inventory is quietly improving buying conditions, even if prices haven’t dropped dramatically.

That balance is what affordability really comes down to.


What This Means for You as a Buyer

If you’ve been waiting for the “perfect” moment, it’s understandable.

But affordability doesn’t usually improve all at once.

It improves gradually, through a mix of:

  • Slightly lower or stabilized rates
  • More available homes
  • Slower price growth

 

That’s exactly what’s happening now.

And for many buyers, this creates a window where:

  • You have more time to evaluate homes
  • You have more leverage in negotiations
  • You can make decisions with less pressure

 


A Local Perspective Matters

National trends are helpful, but real estate is always local.

What we’re seeing across La Crescenta, Montrose, and Glendale CA is different from what you might see in other parts of the country.

That’s why understanding affordability at the neighborhood level matters more than broad headlines.


Bottom Line

Affordability hasn’t fully reset, but it is improving.

And for buyers across Glendale CA, Burbank, La Crescenta, Montrose, Granada Hills, Van Nuys, North Hollywood, Sunland, Tujunga, and surrounding Los Angeles County neighborhoods, that shift is meaningful.

More options. More flexibility. Less pressure.

If you’ve been waiting for a sign that conditions are starting to move in your favor, this may be it.

If you want to understand what affordability looks like specifically for your price range and neighborhood, that conversation can give you real clarity.

Call 818-860-7386 for a no-pressure consultation.

 



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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

Based on information from California Regional Multiple Listing Service, Inc. as of April 21, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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