Show notes
This episode of Let’s Talk Housing features Steven Thomas of Reports On Housing breaking down whether today’s frozen housing market is becoming permanent. The discussion covers supply and demand trends, mortgage rate volatility, geopolitical risks, and why affordability remains the biggest challenge for buyers. It also examines why forecasting rates has become increasingly difficult and what today’s elevated price reductions actually mean for the market. This data-driven episode explains the realities shaping housing in 2026.Got questions? Drop them in the comments or email us at [email protected] for a chance to have them featured in a future episode!Time Stamps:00:00-Introduction03:48-Supply, Demand, and Market Speed06:02-Iran Conflict and Mortgage Rates08:35-Is Housing Permanently Broken11:42-Buyers Returning to the Market13:48-Can Mortgage Rates Be Forecasted18:07-Price Reductions in 202621:23-Why Sellers Keep Missing the Market23:35-Conclusion