The housing market is shifting toward buyers, with seven major metros now favoring them and 23 balanced. Expected 2026 IRS tax bracket inflation adjustments will raise income thresholds, potentially lowering effective taxes and increasing take-home pay for many, especially low- and middle-income earners. This boost may help first-time buyers afford mortgages and save for down payments despite rising living costs. However, higher standard deductions reduce immediate tax benefits from homeownership, emphasizing long-term equity gains.
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