Key Takeaways First-time homebuyers in 2026 will continue to face a tough housing market thanks to sky-high housing prices and elevated mortgage rates. However, there are some areas where conditions are expected to be more favorable for first-time homebuyers, according to a new report from Realtor.com. Places like Rochester, N.Y., Harrisburg, Pa., and Granite City, Ill. should offer a mix of affordability, abundant inventory, local amenities and solid economic outlooks that present attractive buying opportu ...