Price cuts surge, sidelined buyers emerge

Sellers slashed home prices in September 2026 in response to rising mortgage rates, prompting potential homebuyers to emerge from the sidelines. According to the latest Realtor.com monthly housing market trends report, the share of listings with price cuts exceeded 2025 levels for the first time in 2026, reaching 20.8%, up 0.9 percentage points year over year. This surge in price cuts aligns with broader housing market shifts, such as accelerating inventory growth and decreasing pending home sales. “Demand rarely picks up much this time of year regardless, but the rate environment…

Read More