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20% of Homes See Price Cuts (Sellers Face Reality) | Oct. 2026 Housing Market Update
Seller desperation just hit a recent peak, creating a major buying opportunity in the housing market. Over 20% of properties saw a price cut in the past four weeks, and with mortgage rates only moving up, sellers are running out of options. Winter is coming, and with it, less demand—so what are sellers going to do? More price cuts could be in store.
We’re back with October’s housing market update! We’ve been saying for months that buying opportunities would get bigger, and we’re seeing it unfold in real time. Sellers are getting desperate and starting to cut prices at levels we haven’t seen…
The skinny
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