{"id":82,"date":"2026-10-07T17:00:00","date_gmt":"2026-10-07T17:00:00","guid":{"rendered":"https:\/\/www.chudihomes.com\/blog\/?p=82"},"modified":"2026-10-07T17:00:00","modified_gmt":"2026-10-07T17:00:00","slug":"us-existing-home-sales-hit-a-14-month-low","status":"publish","type":"post","link":"https:\/\/www.chudihomes.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\/chudiokafor\/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 some notable shifts in the national real estate market: existing-home sales dipped below 4 million in Mid-Q3, now pacing at 3.98 million annually\u2014a 14-month low. Buyer activity has softened a bit, with a 2% month-over-month decline, but there\u2019s an upside for those looking to purchase. Inventory has grown to a 4.9-month supply, meaning buyers now have more choices and negotiating power as more listings come to market across the country. The average 30-year fixed mortgage rate held near 7% in Mid-Q3, which has certainly influenced the pace, but it hasn\u2019t stopped homes from moving\u2014properties spent an average of 31 days on market, and 30% of sales went to first-time buyers, while cash deals accounted for 27%. Notably, the median price reached a record $429,100, with higher-priced homes leading the activity. Strong wage growth and steady job gains are helping to support demand, and in my experience, this expanding pool of options is making it a more dynamic environment for both buyers and sellers. My background in both real estate and mortgage lending gives me a unique perspective on how these trends impact your next move in Las Vegas and beyond.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re seeing some notable shifts in the national real estate market: existing-home sales dipped below 4 million in Mid-Q3, now pacing at 3.98 million annually\u2014a 14-month low. Buyer activity has softened a bit, with a 2% month-over-month decline, but there\u2019s an upside for those looking to purchase. Inventory has grown to a 4.9-month supply, meaning [&hellip;]<\/p>\n","protected":false},"author":89,"featured_media":83,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-82","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/posts\/82","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/users\/89"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/comments?post=82"}],"version-history":[{"count":1,"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/posts\/82\/revisions"}],"predecessor-version":[{"id":84,"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/posts\/82\/revisions\/84"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/media\/83"}],"wp:attachment":[{"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/media?parent=82"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/categories?post=82"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chudihomes.com\/blog\/wp-json\/wp\/v2\/tags?post=82"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}