{"id":76,"date":"2026-10-07T14:00:00","date_gmt":"2026-10-07T14:00:00","guid":{"rendered":"https:\/\/www.kathystockley.com\/blog\/?p=76"},"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.kathystockley.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\/kathy-blevins-stockley\/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>As we move through mid-Q3, existing-home sales across the US have dipped below 4 million, reaching a 14-month low with a 3.98 million annual pace\u2014a 2% decrease from the previous month. While this signals a bit less buyer activity nationwide, I\u2019ve noticed how the landscape is shifting in ways that can benefit both buyers and sellers locally. With the average 30-year fixed mortgage hovering around 7% and inventory growing to a 4.9-month supply, buyers are finding more choices and a bit more negotiating room. The median price hit $429,100\u2014a new record for this time of year\u2014driven especially by the strength of higher-priced home sales. Steady job growth and rising wages are still supporting buyer demand, while increased options mean many clients have a better shot at finding the right fit. In mid-Q3, first-time buyers represented 30% of purchases and cash deals made up 27%, with homes spending an average of 31 days on the market. After 35 years helping folks in Oxford, Lapeer, and Lake Orion navigate market changes just like these, I know how important it is to stay informed and prepared\u2014whether you\u2019re stepping into the market for the first time or making your next move.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As we move through mid-Q3, existing-home sales across the US have dipped below 4 million, reaching a 14-month low with a 3.98 million annual pace\u2014a 2% decrease from the previous month. While this signals a bit less buyer activity nationwide, I\u2019ve noticed how the landscape is shifting in ways that can benefit both buyers and [&hellip;]<\/p>\n","protected":false},"author":205,"featured_media":77,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-76","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/posts\/76","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/users\/205"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/comments?post=76"}],"version-history":[{"count":1,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions"}],"predecessor-version":[{"id":78,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions\/78"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/media\/77"}],"wp:attachment":[{"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/media?parent=76"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/categories?post=76"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/tags?post=76"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}