Santa Monica Monthly – February 2026

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2026 Housing Market Outlook: What Buyers and Sellers Can Expect

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The National Association of REALTORS® recently highlighted the 2026 U.S. housing market outlook, with Chief Economist Lawrence Yun sharing insights on market trends. After several years of slower activity due to higher mortgage rates and limited inventory, early signs suggest the market may be stabilizing. Yun noted modest improvements in home sales and contract signings and expects interest rates to ease, potentially boosting buyer activity. Persistent supply shortages and potential tax implications for sellers may keep inventory tight. He also indicated that significant price drops are unlikely because of low distress sales and strong homeowner equity. Those involved in buying or selling homes may want to stay informed and plan ahead as the market shows signs of renewed activity.

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Food Obsession of the Month

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Red Velvet Brownies

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Philly cheesesteak cabbage wraps are a game-changer. Tender, thinly sliced beef, gooey melted cheese, sautéed onions, and peppers are all wrapped in a tender cabbage leaf. All the taste of the classic sandwich, none of the bread.

Source: Delish