{"id":45,"date":"2026-10-07T14:00:00","date_gmt":"2026-10-07T14:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/homesofnyrealty-com\/2026\/10\/07\/us-existing-home-sales-hit-a-14-month-low\/"},"modified":"2026-10-07T14:00:00","modified_gmt":"2026-10-07T14:00:00","slug":"us-existing-home-sales-hit-a-14-month-low","status":"publish","type":"post","link":"https:\/\/www.homesofnyrealty.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\/kenny-7\/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>It\u2019s been an interesting Mid-Q3 for US existing-home sales, with activity slipping to a 14-month low\u2014just under 4 million at a 3.98M annual pace, reflecting a 2% month-over-month dip nationwide. For buyers, this shift is opening up new possibilities: supply has climbed to a 4.9-month level, giving more options as listings increase across the country. The average 30-year fixed mortgage rate hovered near 7% during this period, while the median existing-home price set a new Mid-Q3 record at $429,100, with higher-priced properties continuing to see the most action. Demand remains resilient, supported by rising wages and steady job growth. As an experienced broker, I\u2019ve noticed that a larger inventory gives clients better room to negotiate\u2014a trend echoed by economists as well. First-time buyers accounted for 30% of purchases and cash deals stood at 27%, with homes typically on the market for about 31 days. For those navigating these evolving conditions, clear communication and an efficient approach remain as important as ever.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s been an interesting Mid-Q3 for US existing-home sales, with activity slipping to a 14-month low\u2014just under 4 million at a 3.98M annual pace, reflecting a 2% month-over-month dip nationwide. For buyers, this shift is opening up new possibilities: supply has climbed to a 4.9-month level, giving more options as listings increase across the country. [&hellip;]<\/p>\n","protected":false},"author":480,"featured_media":46,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.homesofnyrealty.com\/blog\/wp-json\/wp\/v2\/posts\/45","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homesofnyrealty.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homesofnyrealty.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homesofnyrealty.com\/blog\/wp-json\/wp\/v2\/users\/480"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homesofnyrealty.com\/blog\/wp-json\/wp\/v2\/comments?post=45"}],"version-history":[{"count":0,"href":"https:\/\/www.homesofnyrealty.com\/blog\/wp-json\/wp\/v2\/posts\/45\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homesofnyrealty.com\/blog\/wp-json\/wp\/v2\/media\/46"}],"wp:attachment":[{"href":"https:\/\/www.homesofnyrealty.com\/blog\/wp-json\/wp\/v2\/media?parent=45"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homesofnyrealty.com\/blog\/wp-json\/wp\/v2\/categories?post=45"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homesofnyrealty.com\/blog\/wp-json\/wp\/v2\/tags?post=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}