{"id":76,"date":"2026-10-07T11:00:00","date_gmt":"2026-10-07T11:00:00","guid":{"rendered":"https:\/\/www.brooksgroupkw.com\/blog\/?p=76"},"modified":"2026-10-07T11:00:00","modified_gmt":"2026-10-07T11:00:00","slug":"us-existing-home-sales-hit-a-14-month-low","status":"publish","type":"post","link":"https:\/\/www.brooksgroupkw.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\/brenda-brooks-2\/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>At The Brooks Group, we keep a close pulse on the real estate landscape because every shift shapes the opportunities available to our clients and their families. Recently, US existing-home sales dipped below 4 million in Mid-Q3, reaching a 14-month low at a 3.98M annual pace\u2014down 2% month-over-month. With the average 30-year fixed mortgage hovering near 7% and supply building to 4.9 months, buyers now have more choices across the country. The median price of existing homes set a new Mid-Q3 record at $429,100, with higher-priced properties leading activity. Even in this changing market, rising wages and steady job creation are helping to support demand. Buyers\u2014especially first-timers, who made up 30% of recent purchases\u2014are finding more room to negotiate, a positive sign for those looking to build a legacy through homeownership. Cash deals accounted for 27%, and homes typically spent 31 days on the market. Our approach is rooted in integrity, market knowledge, and a commitment to seeing your goals become reality\u2014because for us, real estate is always about people and purpose.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>At The Brooks Group, we keep a close pulse on the real estate landscape because every shift shapes the opportunities available to our clients and their families. Recently, US existing-home sales dipped below 4 million in Mid-Q3, reaching a 14-month low at a 3.98M annual pace\u2014down 2% month-over-month. With the average 30-year fixed mortgage hovering [&hellip;]<\/p>\n","protected":false},"author":68,"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.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/posts\/76","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/comments?post=76"}],"version-history":[{"count":1,"href":"https:\/\/www.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions"}],"predecessor-version":[{"id":78,"href":"https:\/\/www.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions\/78"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/media\/77"}],"wp:attachment":[{"href":"https:\/\/www.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/media?parent=76"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/categories?post=76"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brooksgroupkw.com\/blog\/wp-json\/wp\/v2\/tags?post=76"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}