10 Things to Do Now If You Want to Buy a Home in 2026

Buying a home, especially for the first time, takes planning and preparation. Starting early can make the process smoother, less stressful, and more confident. If your goal is to purchase a home next year, here are ten essential steps to get started now:

1. Work with a Real Estate Professional

Going solo might seem like a money-saving option, but an experienced agent can save you time, stress, and potentially thousands of dollars. They know where to find homes that fit your needs, how to create competitive offers, and can guide you through contracts and negotiations.

Having a professional by your side means you have an advocate, someone to answer your questions, and a guide with in-depth knowledge of the local market.

2. Monitor the Market

The real estate market varies from one area to another. Some neighborhoods may have lots of homes for sale, while others are highly competitive. Understanding your local market is crucial.

Agents can provide comparables—similar homes that have sold recently—to help you gauge realistic prices and understand your negotiating power.

3. Prepare Your Down Payment

Saving for a home is often the biggest hurdle. For reference, the average U.S. home currently costs around $448,000. While 20% down is traditional, there are lower options, like FHA loans, which may require as little as 3.5%.

Lower down payments make it easier to buy sooner, but they often include additional costs like mortgage insurance. Understanding your options ahead of time is key.

4. Boost Your Credit Score

Your credit and debt situation impact how much you can borrow. Focus on your debt-to-income ratio (DTI)—your monthly debt payments compared to your income.

Pay bills on time, reduce credit card balances, and avoid taking on new debt before applying for a mortgage. These steps can help you secure better loan terms.

5. Get Pre-Approved

Pre-approval shows sellers you’re a serious buyer and helps you understand your budget. Keep in mind, pre-approval isn’t a guarantee; the final loan amount may change once the lender reviews your full financial picture.

In competitive markets, pre-approval can be a game-changer, giving you confidence when making an offer.

6. Avoid Major Financial Changes

Big purchases, like buying a car, can impact your DTI and may delay or even jeopardize your loan approval. Lenders want a clear picture of your finances, and adding new expenses can make you appear risky.

7. Identify Must-Haves vs. Nice-to-Haves

Define what’s essential in a home versus what would be a bonus. Consider bedrooms, location, or proximity to work and schools as must-haves. Pools, extra bathrooms, or large yards might be nice-to-haves. This distinction helps you stay realistic while searching.

8. Decide on Your Ideal Location

City, suburban, or rural—location affects lifestyle and budget. Research neighborhoods carefully: schools, amenities, commute, and long-term appreciation all matter.

Visit areas at different times of day and talk to locals to get a true feel for the neighborhood.

9. Start Browsing Listings

With your priorities and budget in mind, start seriously looking at properties. Evaluate listings critically against your must-haves, nice-to-haves, and overall affordability.

Are you buying a starter home, upgrading, or downsizing? Knowing your goal will help narrow your search.

10. Build a Post-Purchase Fund

Buying a home isn’t just about the mortgage. Factor in closing costs (typically 2–5% of the home’s price), repairs, furnishings, and maintenance.

Planning ahead for these expenses will prevent surprises and help you settle into your new home with less stress.

Be Prepared and Confident

Even the best-prepared buyers face bumps along the way. Start early, do your research, get pre-approved, and work with a knowledgeable real estate professional.

With the right preparation, you’ll be ready to move into your new home in 2026 smoothly and confidently.