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The Correction Will Get Even More Severe | Sept. 2026 Housing Market Update
More homes are for sale now than any time in the past six years. Mortgage rates just shot up to above 7% with no relief in sight. Markets are seeing (substantial) price cuts, and there could be much more to come this winter. So, is a crash on the way, or is this lukewarm correction simply becoming something stronger than we had imagined?
In this September 2026 housing market update, we’ll cover it all! First, we’ll talk about the massive change in mortgage rates this month, what’s caused it, and whether any relief is on the horizon. If rates stay high and more buyers are booted from the…
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