Single Family Market Update: Buyer demand builds, inventory tightens, DPA expands (2026.02.02)
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Single Family Market Update: Buyer demand builds, inventory tightens, DPA expands (2026.02.02)
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ナレーター：
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著者：
概要
- Mortgage rates held near 6.1%, but on-the-ground buyer behavior is becoming the more important signal than macro headlines
- Pending home sales climbed for a fourth straight week, pointing to sustained demand rather than a seasonal bounce
- Rising pending sales suggest stronger closed transaction volume through February and March
- Active listing growth has slowed sharply, signaling the seller surge from last summer has largely cleared
- Buyer demand is firming faster than new supply is rebuilding, quietly tightening market conditions
- Early tightening shows up first in off-market competition and falling lead response rates before headline data shifts
- Down payment assistance programs expanded to 2,619 nationwide, broadening the pool of qualified retail buyers
- Majority of DPA programs now support buyers with incomes above $100K or no income limits at all
- Entry-level flips benefit from expanded DPA access, reducing price concessions and days on market
- Long-term rental investors should monitor entry-level rent growth assumptions as homeownership access expands
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