{"id":66,"date":"2026-09-29T10:00:00","date_gmt":"2026-09-29T10:00:00","guid":{"rendered":"https:\/\/www.janineg.com\/blog\/?p=66"},"modified":"2026-09-29T10:00:00","modified_gmt":"2026-09-29T10:00:00","slug":"us-existing-home-sales-hit-a-14-month-low","status":"publish","type":"post","link":"https:\/\/www.janineg.com\/blog\/2026\/09\/29\/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\/janine-gershon\/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>The latest national numbers show US existing-home sales dipping below 4 million in mid-Q3, marking a 14-month low at a 3.98M annual pace\u2014a clear sign that buyers are approaching with a bit more caution. Mortgage rates hovering near 7% for a 30-year fixed have certainly played a role, while supply has grown to 4.9 months, giving buyers many more options to consider as listings accumulate across the country. Even so, the median existing-home price set a new mid-Q3 record at $429,100, with higher-end homes continuing to drive much of the activity. What\u2019s standing out to me: first-time buyers are still a meaningful force, making up 30% of purchases, and cash deals account for 27%. Homes are typically spending 31 days on the market. With rising wages and steady job gains supporting demand, buyers are gaining more leverage to negotiate\u2014something I\u2019ve seen firsthand here in Beverly Hills and Los Angeles. My background, growing up around dealmakers and spending decades guiding everyone from first-timers to seasoned investors, reminds me that every shift in the market brings new opportunities to find the right fit for each client.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The latest national numbers show US existing-home sales dipping below 4 million in mid-Q3, marking a 14-month low at a 3.98M annual pace\u2014a clear sign that buyers are approaching with a bit more caution. Mortgage rates hovering near 7% for a 30-year fixed have certainly played a role, while supply has grown to 4.9 months, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":67,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-66","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.janineg.com\/blog\/wp-json\/wp\/v2\/posts\/66","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.janineg.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.janineg.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.janineg.com\/blog\/wp-json\/wp\/v2\/comments?post=66"}],"version-history":[{"count":1,"href":"https:\/\/www.janineg.com\/blog\/wp-json\/wp\/v2\/posts\/66\/revisions"}],"predecessor-version":[{"id":68,"href":"https:\/\/www.janineg.com\/blog\/wp-json\/wp\/v2\/posts\/66\/revisions\/68"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.janineg.com\/blog\/wp-json\/wp\/v2\/media\/67"}],"wp:attachment":[{"href":"https:\/\/www.janineg.com\/blog\/wp-json\/wp\/v2\/media?parent=66"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.janineg.com\/blog\/wp-json\/wp\/v2\/categories?post=66"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.janineg.com\/blog\/wp-json\/wp\/v2\/tags?post=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}