{"id":69,"date":"2026-10-01T17:00:00","date_gmt":"2026-10-01T17:00:00","guid":{"rendered":"https:\/\/www.narrealestategroup.com\/blog\/?p=69"},"modified":"2026-10-01T17:00:00","modified_gmt":"2026-10-01T17:00:00","slug":"us-buyers-navigate-14-month-cost-high","status":"publish","type":"post","link":"https:\/\/www.narrealestategroup.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\/ramamohan-sanepalli-1425596\/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>We\u2019re seeing some significant shifts in the national housing landscape: By late Q3, the average US buyer faced a monthly payment of $2,600\u2014the highest in 14 months. This reflects both climbing mortgage costs and a national median sale price now around $399,000 (up about 2% from last year). For buyers here in Columbus and throughout Central Ohio, these numbers mean a continued squeeze on affordability and a more competitive environment, especially as pending sales remain steady month-over-month but lower than last year.<\/p>\n<p>Mortgage-purchase applications have dipped slightly, and while new listings dropped around the holidays, they\u2019re still modestly ahead of last year\u2019s pace. What stands out to me as a local real estate advisor: about 21% of active listings nationwide have had to cut prices, showing how strategic pricing is more critical than ever. Overpricing can stall interest, but a well-calibrated approach draws attention and action\u2014even in a tighter market.<\/p>\n<p>Inventory is finally showing some improvement, with active supply up about 2% year-over-year to 1.5 million homes, and overall supply approaching four months. Still, we\u2019re not at \u201cbalanced market\u201d territory yet. My focus remains on helping clients\u2014whether you\u2019re a first-time buyer, investor, or looking at new construction\u2014navigate these realities with clarity and confidence, ensuring you\u2019re positioned for long-term value.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re seeing some significant shifts in the national housing landscape: By late Q3, the average US buyer faced a monthly payment of $2,600\u2014the highest in 14 months. This reflects both climbing mortgage costs and a national median sale price now around $399,000 (up about 2% from last year). For buyers here in Columbus and throughout [&hellip;]<\/p>\n","protected":false},"author":286,"featured_media":70,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-69","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/posts\/69","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/users\/286"}],"replies":[{"embeddable":true,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/comments?post=69"}],"version-history":[{"count":1,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/posts\/69\/revisions"}],"predecessor-version":[{"id":71,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/posts\/69\/revisions\/71"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/media\/70"}],"wp:attachment":[{"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/media?parent=69"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/categories?post=69"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/tags?post=69"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}