{"id":57,"date":"2026-10-15T14:00:00","date_gmt":"2026-10-15T14:00:00","guid":{"rendered":"https:\/\/www.furhadwaquad.com\/blog\/?p=57"},"modified":"2026-10-15T14:00:00","modified_gmt":"2026-10-15T14:00:00","slug":"price-reductions-hit-20-4-of-active-listings","status":"publish","type":"post","link":"https:\/\/www.furhadwaquad.com\/blog\/2026\/10\/15\/price-reductions-hit-20-4-of-active-listings\/","title":{"rendered":"Price Reductions Hit 20.4% of Active Listings"},"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\/furhad-waquad\/mortgage-rates-sales-remotion-videos-aa54\" 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>Nearly 1 in 5 active home listings\u2014specifically, 20.4%\u2014have seen price reductions recently, marking a shift worth noting. As someone who\u2019s spent decades guiding clients through all types of markets, I can tell you that this kind of adjustment reflects the broader challenges we\u2019re seeing nationally: homes going under contract dipped by less than 1% in mid-Q3, ending an eight-month stretch of gains. Higher borrowing costs, with the average 30-year fixed mortgage peaking near 6.7%, have certainly influenced buyer demand and the overall pace of transactions.<\/p>\n<p>Despite these headwinds, the market remains dynamic. The national median list price dropped to $424,500, active listings edged up about 4%, and new listings tapered slightly. Interestingly, fewer sellers chose to step back, with delistings down around 13%. This slower tempo has given buyers a bit more time and leverage, while sellers who use strategic pricing are still closing successful deals\u2014a balancing act I often discuss with both clients and fellow professionals. Looking ahead, it\u2019s not just about whether rates fall, but whether they hold steady near 6.7%. If they do, we may see even more price adjustments or a pause in listings. Navigating these trends effectively takes a careful approach, and staying informed is key to making sound decisions in today\u2019s market.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nearly 1 in 5 active home listings\u2014specifically, 20.4%\u2014have seen price reductions recently, marking a shift worth noting. As someone who\u2019s spent decades guiding clients through all types of markets, I can tell you that this kind of adjustment reflects the broader challenges we\u2019re seeing nationally: homes going under contract dipped by less than 1% in [&hellip;]<\/p>\n","protected":false},"author":493,"featured_media":58,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-57","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/posts\/57","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/users\/493"}],"replies":[{"embeddable":true,"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/comments?post=57"}],"version-history":[{"count":1,"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/posts\/57\/revisions"}],"predecessor-version":[{"id":59,"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/posts\/57\/revisions\/59"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/media\/58"}],"wp:attachment":[{"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/media?parent=57"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/categories?post=57"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.furhadwaquad.com\/blog\/wp-json\/wp\/v2\/tags?post=57"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}