{"id":69,"date":"2026-10-07T10:00:00","date_gmt":"2026-10-07T10:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/drhomesrealtor-com\/2026\/10\/07\/us-existing-home-sales-hit-a-14-month-low\/"},"modified":"2026-10-07T10:00:00","modified_gmt":"2026-10-07T10:00:00","slug":"us-existing-home-sales-hit-a-14-month-low","status":"publish","type":"post","link":"https:\/\/www.drhomesrealtor.com\/blog\/2026\/10\/07\/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\/kyle-lubsen\/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>Lately, I&#039;ve been watching the market with a professor\u2019s eye for clarity\u2014and the numbers tell a story. US existing home sales just slipped to a 14-month low, settling below 4 million in Mid-Q3 (specifically, a 3.98M annual pace after a 2% month-over-month dip). Nationally, we&#039;re seeing softer buyer activity, but that doesn\u2019t mean the opportunities have dried up. In fact, with a 30-year fixed mortgage averaging near 7% and housing supply stretching to 4.9 months, buyers are getting more choices than we&#039;ve seen in a while. Listings are building up across the country, and that gives you more room to negotiate\u2014a point even the economists are highlighting. The median price for existing homes reached a Mid-Q3 record at $429,100, with higher-priced homes leading the way in activity. Rising wages and strong job gains are still supporting demand, and first-time buyers made up 30% of purchases in Mid-Q3. About 27% of deals were cash, and homes are spending an average of 31 days on the market. Whether you\u2019re a first-timer or looking for something special for your family, there\u2019s more to consider\u2014and more room to make your move work for you.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Lately, I&#039;ve been watching the market with a professor\u2019s eye for clarity\u2014and the numbers tell a story. US existing home sales just slipped to a 14-month low, settling below 4 million in Mid-Q3 (specifically, a 3.98M annual pace after a 2% month-over-month dip). Nationally, we&#039;re seeing softer buyer activity, but that doesn\u2019t mean the opportunities [&hellip;]<\/p>\n","protected":false},"author":117,"featured_media":70,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-69","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/posts\/69","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/users\/117"}],"replies":[{"embeddable":true,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/comments?post=69"}],"version-history":[{"count":0,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/posts\/69\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/media\/70"}],"wp:attachment":[{"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/media?parent=69"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/categories?post=69"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.drhomesrealtor.com\/blog\/wp-json\/wp\/v2\/tags?post=69"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}