{"id":85,"date":"2026-10-08T15:00:00","date_gmt":"2026-10-08T15:00:00","guid":{"rendered":"https:\/\/blogs.room-vu.com\/louiseandbernie-com\/?p=85"},"modified":"2026-10-08T15:00:00","modified_gmt":"2026-10-08T15:00:00","slug":"us-existing-home-sales-hit-a-14-month-low","status":"publish","type":"post","link":"https:\/\/www.louiseandbernie.com\/blog\/2026\/10\/08\/us-existing-home-sales-hit-a-14-month-low\/","title":{"rendered":"US Existing Home Sales Hit a 14-Month Low"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/louise-lamy-1690535\/existing-home-sales-hit-14-month-low-remotion-videos-09ef\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>We\u2019re seeing a notable shift in the housing market: existing-home sales across the US dipped to a 14-month low in Mid-Q3, dropping below 4 million\u2014a 2% decline month-over-month, with a 3.98 million annualized pace. For buyers, this means more listings to choose from, as nationwide supply has grown to 4.9 months. The average 30-year fixed mortgage hovered near 7%, yet the median home price set a Mid-Q3 record at $429,100, driven by strong activity in higher price ranges.<\/p>\n<p>What does this mean for those considering their next move? Rising wages and steady job gains are still supporting demand, but a larger pool of homes is giving buyers\u2014especially first-timers\u2014more room to negotiate. In fact, first-time buyers made up 30% of purchases in Mid-Q3, with cash deals at 27%, and homes typically spent 31 days on the market.<\/p>\n<p>After 25 years of guiding clients through every market cycle, I know firsthand how these trends can shape your strategy\u2014whether you\u2019re buying your first home, upsizing, or planning your next chapter. Clear communication and a grounded approach remain essential to making the most of today\u2019s opportunities.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re seeing a notable shift in the housing market: existing-home sales across the US dipped to a 14-month low in Mid-Q3, dropping below 4 million\u2014a 2% decline month-over-month, with a 3.98 million annualized pace. For buyers, this means more listings to choose from, as nationwide supply has grown to 4.9 months. The average 30-year fixed [&hellip;]<\/p>\n","protected":false},"author":233,"featured_media":86,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-85","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/posts\/85","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/users\/233"}],"replies":[{"embeddable":true,"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/comments?post=85"}],"version-history":[{"count":1,"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/posts\/85\/revisions"}],"predecessor-version":[{"id":88,"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/posts\/85\/revisions\/88"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/media\/86"}],"wp:attachment":[{"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/media?parent=85"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/categories?post=85"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.louiseandbernie.com\/blog\/wp-json\/wp\/v2\/tags?post=85"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}