{"id":87,"date":"2026-10-08T10:00:00","date_gmt":"2026-10-08T10:00:00","guid":{"rendered":"https:\/\/www.carolstrom.com\/blog\/?p=87"},"modified":"2026-10-08T10:00:00","modified_gmt":"2026-10-08T10:00:00","slug":"us-existing-home-sales-hit-a-14-month-low-carol-strom-real-estate-broker-founder-of-usafitpros-com-50-state-telehealth-and-labs-bolt-on-virtual-legitscript-business","status":"publish","type":"post","link":"https:\/\/www.carolstrom.com\/blog\/2026\/10\/08\/us-existing-home-sales-hit-a-14-month-low-carol-strom-real-estate-broker-founder-of-usafitpros-com-50-state-telehealth-and-labs-bolt-on-virtual-legitscript-business\/","title":{"rendered":"US Existing Home Sales Hit a 14-Month Low | Carol Strom real estate broker. Founder of USAfitpros.com 50 state Telehealth and Labs bolt-on virtual LegitScript business"},"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\/carol-s\/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, the US existing-home market finds itself at a 14-month low, with sales dipping to an annual pace of 3.98 million\u2014a 2% month-over-month decrease. With the 30-year fixed mortgage rate hovering near 7% and national inventory expanding to 4.9 months, buyers are seeing more listings and, with them, more room for negotiation. The median existing-home price has reached a remarkable $429,100, marking a mid-Q3 record\u2014higher-end properties continue to drive activity, while first-time buyers represent 30% of purchases and cash deals account for 27%. On average, homes are spending 31 days on the market.<\/p>\n<p>In my work across luxury and commercial real estate, these numbers reflect what I\u2019m seeing on the ground: greater leverage for buyers, particularly those prepared to act decisively in the higher price brackets. My approach always includes layering in new profit centers\u2014such as telehealth\u2014for commercial clients, optimizing both their real estate investments and their business operations. With rising wages and steady job gains supporting demand, this expanded supply presents a unique window for strategic moves, whether you\u2019re looking to buy, sell, or enhance the value of your property portfolio.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As we move through mid-Q3, the US existing-home market finds itself at a 14-month low, with sales dipping to an annual pace of 3.98 million\u2014a 2% month-over-month decrease. With the 30-year fixed mortgage rate hovering near 7% and national inventory expanding to 4.9 months, buyers are seeing more listings and, with them, more room for [&hellip;]<\/p>\n","protected":false},"author":81,"featured_media":88,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-87","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/posts\/87","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/users\/81"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/comments?post=87"}],"version-history":[{"count":1,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/posts\/87\/revisions"}],"predecessor-version":[{"id":89,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/posts\/87\/revisions\/89"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/media\/88"}],"wp:attachment":[{"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/media?parent=87"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/categories?post=87"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/tags?post=87"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}