How Renters Can Turn 2026 Into a Homebuying Prep Year

New apartment supply in 2025 eased rental pressure, especially across the South and Southeast.
Higher vacancies led to softer rents, concessions, and better negotiating power for renters.
Construction is expected to slow in 2026, with rent pressure returning in undersupplied regions.
High home prices mean renting remains a practical strategy for saving in 2026.
Renters planning to buy should reduce debt, time preapproval carefully, and explore assistance programs.