{"id":64,"date":"2026-10-01T14:00:00","date_gmt":"2026-10-01T14:00:00","guid":{"rendered":"https:\/\/www.redrubyhomes.com\/blog\/?p=64"},"modified":"2026-10-01T14:00:00","modified_gmt":"2026-10-01T14:00:00","slug":"us-buyers-navigate-14-month-cost-high","status":"publish","type":"post","link":"https:\/\/www.redrubyhomes.com\/blog\/2026\/10\/01\/us-buyers-navigate-14-month-cost-high\/","title":{"rendered":"US Buyers Navigate 14-Month Cost High"},"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\/melinda-schneider\/mortgage-costs-high-0a00\" 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>Navigating today\u2019s real estate market means keeping a close eye on both costs and opportunities. By late Q3, monthly payments for the typical U.S. homebuyer reached $2,600\u2014a 14-month high\u2014as mortgage rates continued their upward trend and home prices remained steady. The national median sale price climbed about 2% year-over-year to nearly $399,000, adding more pressure to affordability and keeping pending sales flat month-over-month, and lower than this time last year.<\/p>\n<p>I\u2019ve seen firsthand how these shifts shape the decisions buyers and sellers face. Mortgage-purchase applications have dipped slightly, and while new listings dropped a bit around the holidays, they\u2019re still a touch higher than the same period in 2025. Seller strategies are making a difference: about 21% of active listings have reduced their prices, and I know that sharp, realistic pricing draws genuine attention, while overpricing can discourage would-be buyers.<\/p>\n<p>Inventory is moving in a positive direction, with active supply rising about 2% year-over-year to 1.5 million homes, and total supply hovering around 4 months\u2014though we\u2019re not quite at a balanced market yet. Through all of this, I remain focused on providing clear guidance and advocating for my clients at every stage, ensuring you feel confident and informed during one of life\u2019s most important milestones.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Navigating today\u2019s real estate market means keeping a close eye on both costs and opportunities. By late Q3, monthly payments for the typical U.S. homebuyer reached $2,600\u2014a 14-month high\u2014as mortgage rates continued their upward trend and home prices remained steady. The national median sale price climbed about 2% year-over-year to nearly $399,000, adding more pressure [&hellip;]<\/p>\n","protected":false},"author":333,"featured_media":65,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-64","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/posts\/64","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/users\/333"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/comments?post=64"}],"version-history":[{"count":1,"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/posts\/64\/revisions"}],"predecessor-version":[{"id":66,"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/posts\/64\/revisions\/66"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/media\/65"}],"wp:attachment":[{"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/media?parent=64"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/categories?post=64"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redrubyhomes.com\/blog\/wp-json\/wp\/v2\/tags?post=64"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}