{"id":9946,"date":"2026-09-03T11:00:00","date_gmt":"2026-09-03T18:00:00","guid":{"rendered":"https:\/\/lisamillerpllc.com\/staging\/?p=9946"},"modified":"2026-09-03T11:00:00","modified_gmt":"2026-09-03T18:00:00","slug":"existing-home-sales-slip","status":"publish","type":"post","link":"https:\/\/lisamillerpllc.com\/staging\/existing-home-sales-slip\/","title":{"rendered":"Existing Home Sales Slip"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/lisa-miller-2\/us-existing-home-sales-fall-17-amid-record-prices-remotion-videos-7491\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>US existing-home sales slipped 1.7% in Early-Q3 to a 4.06M annual pace, slightly above economists&#039; expectations and still \u21910.7% on a yearly basis.<br \/>\nMedian existing-home prices reached a record for Early-Q3 at $434.1K, while the benchmark 30-yr fixed mortgage rate climbed near 7%, highest in &gt;1 yr.<br \/>\nInventory stayed tight at 1.54M unsold homes in Early-Q3, \u21931.9% MoM and \u21930.6% yearly, leaving a 4.6-mo supply at current sales pace.<br \/>\nAn economist said owners with ultra-low pandemic-era mortgages had little incentive to sell, helping keep listings scarce and limiting how many buyers completed purchases.<br \/>\nFirst-time buyers made up 29% of purchases in Early-Q3, down from Late-Q2 and still below the historical norm of ~40% of sales.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US existing-home sales slipped 1.7% in Early-Q3 to a 4.06M annual pace, slightly above economists&#039; expectations and still \u21910.7% on a yearly basis. Median existing-home prices reached a record for Early-Q3 at $434.1K, while the benchmark 30-yr fixed mortgage rate climbed near 7%, highest in &gt;1 yr. Inventory stayed tight at 1.54M unsold homes in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3],"tags":[],"class_list":["post-9946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/paOTA9-2Aq","jetpack-related-posts":[{"id":9943,"url":"https:\/\/lisamillerpllc.com\/staging\/us-mortgage-rates-hold-mid-6\/","url_meta":{"origin":9946,"position":0},"title":"US Mortgage Rates Hold Mid-6%","author":"admin","date":"September 2, 2026","format":false,"excerpt":"In Mid-Q3, the avg. 30-yr fixed rate sat near 7%, and an expert expected near-term borrowing costs to stay in the mid-6% range. Across major forecasts, analysts expected the 30-yr fixed rate to remain ~6% to mid-6% through 2028, with no return to much lower ranges. For buyers, waiting on\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/09\/mortgage-rate-forecast-predictions-for-the-housing-market-through-2028-c128_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8910,"url":"https:\/\/lisamillerpllc.com\/staging\/late-q3-brings-surge-in-phoenix-housing-supply\/","url_meta":{"origin":9946,"position":1},"title":"Late-Q3 Brings Surge in Phoenix Housing Supply","author":"admin","date":"November 6, 2025","format":false,"excerpt":"\u2022 Active listings in Sep: \u2191 23.0% yearly \u2022 Active listings nationally: \u2191 17% yearly \u2022 Median list price: ~$499K, \u2193 4.0% yearly \u2022 Median days on market: 9 \u2022 Price reduced share: 26.5%, \u2191 0.5 pps","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2025\/11\/inventory-q3-phoenix_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8979,"url":"https:\/\/lisamillerpllc.com\/staging\/2025-q3-greater-phoenix-multifamily-commercial-real-estate-market-report\/","url_meta":{"origin":9946,"position":2},"title":"2025 Q3 Greater Phoenix Multifamily Commercial Real Estate Market Report","author":"admin","date":"December 6, 2025","format":false,"excerpt":"The Greater Phoenix multifamily market showed steady growth in Q3 2025 with occupancy rising to 93.5% despite a record 6,018 new units delivered. Key submarkets like North Scottsdale and Tempe absorbed supply well. Investment sales hit $3.2 billion year-to-date, reflecting strong confidence. Average rent slightly declined by 1.5% to $1,604.\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8365,"url":"https:\/\/lisamillerpllc.com\/staging\/recession-odds-spike-us-economy-may-shrink-0-8-q3\/","url_meta":{"origin":9946,"position":3},"title":"Recession Odds Spike: US Economy May Shrink 0.8% Q3","author":"admin","date":"May 3, 2025","format":false,"excerpt":"Recession predictions fluctuate, influenced by economic changes, including Trump\u2019s trade war and strong job markets. Goldman Sachs, JPMorgan, and other banks have conflicting recession odds for 2025, ranging from 40% to 90%.","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2025\/05\/recession-odds-spike_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9537,"url":"https:\/\/lisamillerpllc.com\/staging\/us-buyers-gain-spring-market-leverage\/","url_meta":{"origin":9946,"position":4},"title":"US Buyers Gain Spring Market Leverage","author":"admin","date":"May 13, 2026","format":false,"excerpt":"New listings \u2193~1% yearly after a prior Easter-driven surge, but sellers still appear to be reengaging at a measured, sustainable pace nationally. Active inventory \u2191~3% yearly, with year-to-date supply \u2191~7%, giving shoppers more options while buyers continue absorbing available homes instead of letting supply pile up. Median listing prices \u2193~2%\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/05\/weekly-housing-trends_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8831,"url":"https:\/\/lisamillerpllc.com\/staging\/mortgage-rate-forecast-mid-q3-to-late-q4-2025\/","url_meta":{"origin":9946,"position":5},"title":"Mortgage Rate Forecast: Mid-Q3 to Late-Q4 2025","author":"admin","date":"October 9, 2025","format":false,"excerpt":"Mortgage rates are forecasted to gradually decline from around 6.7% in August to approximately 6.3%-6.5% by December 2025. Leading experts like NAR and Fannie Mae predict rates will stay steady in the mid-6% range with no major drops below 6%. The gradual easing is driven by expected Federal Reserve policy\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2025\/10\/forecast-mid-late_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/09\/us-existing-home-sales-fall-17-amid-record-prices-remotion-videos-7491_share.jpg?fit=496%2C279&ssl=1","_links":{"self":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/comments?post=9946"}],"version-history":[{"count":1,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9946\/revisions"}],"predecessor-version":[{"id":9948,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9946\/revisions\/9948"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media\/9947"}],"wp:attachment":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media?parent=9946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/categories?post=9946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/tags?post=9946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}