{"id":95,"date":"2026-10-01T13:00:00","date_gmt":"2026-10-01T13:00:00","guid":{"rendered":"https:\/\/www.homesbykatrinaromero.com\/blog\/?p=95"},"modified":"2026-10-01T13:00:00","modified_gmt":"2026-10-01T13:00:00","slug":"price-reductions-hit-20-4-of-active-listings","status":"publish","type":"post","link":"https:\/\/www.homesbykatrinaromero.com\/blog\/2026\/10\/01\/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\/katrina-romero-jones\/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>In the latest update on real estate trends, we&#039;re seeing that 20.4% of active listings have had price reductions\u2014a shift that\u2019s important to note for anyone considering buying or selling. Nationally, homes going under contract dipped by less than 1% in Mid-Q3, pausing an eight-month streak of gains as higher borrowing costs put the brakes on some buyers. The average 30-year fixed mortgage reached nearly 6.7% early in Mid-Q3 and remained at that elevated level, closing the period over 20 basis points higher than at the start of the quarter.<\/p>\n<p>Despite this softer demand, the market remains active. The national median list price eased to $424,500, active listings increased by about 4%, and new listings saw a slight decrease. Interestingly, fewer sellers chose to pull their homes off the market, with delistings dropping around 13%. This slower pace is giving buyers more time to make decisions and negotiate, while sellers who price strategically are still finding success.<\/p>\n<p>As we look to the coming months, steady mortgage rates could become just as influential as lower ones. If rates hover near 6.7%, we may see more price cuts or sellers opting to wait. With decades of experience helping clients navigate changing markets, I always prioritize providing clear guidance and representation grounded in integrity and deep market knowledge.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the latest update on real estate trends, we&#039;re seeing that 20.4% of active listings have had price reductions\u2014a shift that\u2019s important to note for anyone considering buying or selling. Nationally, homes going under contract dipped by less than 1% in Mid-Q3, pausing an eight-month streak of gains as higher borrowing costs put the brakes [&hellip;]<\/p>\n","protected":false},"author":161,"featured_media":96,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-95","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/posts\/95","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/users\/161"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/comments?post=95"}],"version-history":[{"count":1,"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/posts\/95\/revisions"}],"predecessor-version":[{"id":97,"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/posts\/95\/revisions\/97"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/media\/96"}],"wp:attachment":[{"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/media?parent=95"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/categories?post=95"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homesbykatrinaromero.com\/blog\/wp-json\/wp\/v2\/tags?post=95"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}