{"id":51,"date":"2026-10-07T12:00:00","date_gmt":"2026-10-07T12:00:00","guid":{"rendered":"https:\/\/www.lorielayman.com\/blog\/?p=51"},"modified":"2026-10-07T12:00:00","modified_gmt":"2026-10-07T12:00:00","slug":"us-existing-home-sales-hit-a-14-month-low-lets-get-you-home","status":"publish","type":"post","link":"https:\/\/www.lorielayman.com\/blog\/2026\/10\/07\/us-existing-home-sales-hit-a-14-month-low-lets-get-you-home\/","title":{"rendered":"US Existing Home Sales Hit a 14-Month Low | Let&#8217;s get you home!"},"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\/lorie-j-layman-1811591\/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>Let&#039;s get you home, even as the landscape shifts. In Mid-Q3, US existing-home sales dropped below 4 million, settling at a 3.98M annual pace\u2014a 14-month low and a 2% dip from the previous month. Mortgage rates for a 30-year fixed hovered around 7%, and supply climbed to 4.9 months, so buyers are seeing more listings and a bit more breathing room. The median price for existing homes reached a record $429,100, with higher-priced properties leading the market. Rising wages and steady job growth are still fueling demand, and with more homes on the market, buyers have a stronger hand at the negotiation table. For those stepping in for the first time, you\u2019re not alone\u2014first-time buyers made up 30% of purchases, and cash deals represented 27%. On average, homes spent 31 days on the market, giving everyone a little more time to find the right fit.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Let&#039;s get you home, even as the landscape shifts. In Mid-Q3, US existing-home sales dropped below 4 million, settling at a 3.98M annual pace\u2014a 14-month low and a 2% dip from the previous month. Mortgage rates for a 30-year fixed hovered around 7%, and supply climbed to 4.9 months, so buyers are seeing more listings [&hellip;]<\/p>\n","protected":false},"author":231,"featured_media":52,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-51","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/posts\/51","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/users\/231"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/comments?post=51"}],"version-history":[{"count":1,"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/posts\/51\/revisions"}],"predecessor-version":[{"id":53,"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/posts\/51\/revisions\/53"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/media\/52"}],"wp:attachment":[{"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/media?parent=51"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/categories?post=51"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lorielayman.com\/blog\/wp-json\/wp\/v2\/tags?post=51"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}