{"id":91,"date":"2026-09-28T12:00:00","date_gmt":"2026-09-28T12:00:00","guid":{"rendered":"https:\/\/www.reo-magician.com\/blog\/?p=91"},"modified":"2026-09-28T12:00:00","modified_gmt":"2026-09-28T12:00:00","slug":"u-s-home-prices-ease-across-major-metros","status":"publish","type":"post","link":"https:\/\/www.reo-magician.com\/blog\/2026\/09\/u-s-home-prices-ease-across-major-metros\/","title":{"rendered":"U.S. Home Prices Ease Across Major Metros"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/douglas-converse\/home-prices-fall-in-most-major-us-cities-as-housing-market-cools-see-where-remotion-videos-b042\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>We&#039;re seeing a shift in the housing landscape: in mid-Q3, the price per square foot fell year-over-year in 36 out of the 50 largest U.S. metro areas, signaling a broader cooling trend across major markets. Nationally, this measure dropped about 2% compared to last year, marking the tenth consecutive month of annual softening. As the quarter wrapped up, the market&#039;s momentum slowed, with some sellers making more significant price cuts to bridge the gap with buyers\u2019 expectations. Persistently high mortgage rates have made affordability a real challenge\u2014especially in regions that experienced rapid price growth during the pandemic\u2014so sellers are finding themselves adjusting more in line with buyers. An economist noted that many of the markets that boomed during the pandemic are now giving back some of those gains, helped by inventory levels that are above what we saw before 2020. Having specialized in evaluating bank-owned and distressed properties in the Seattle area since 2005, I\u2019ve watched these cycles play out before. Understanding market shifts is key to navigating opportunities and risks, whether you\u2019re buying or selling in today\u2019s environment.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We&#039;re seeing a shift in the housing landscape: in mid-Q3, the price per square foot fell year-over-year in 36 out of the 50 largest U.S. metro areas, signaling a broader cooling trend across major markets. Nationally, this measure dropped about 2% compared to last year, marking the tenth consecutive month of annual softening. As the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-91","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.reo-magician.com\/blog\/wp-json\/wp\/v2\/posts\/91","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.reo-magician.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.reo-magician.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.reo-magician.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.reo-magician.com\/blog\/wp-json\/wp\/v2\/comments?post=91"}],"version-history":[{"count":0,"href":"https:\/\/www.reo-magician.com\/blog\/wp-json\/wp\/v2\/posts\/91\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.reo-magician.com\/blog\/wp-json\/wp\/v2\/media\/125"}],"wp:attachment":[{"href":"https:\/\/www.reo-magician.com\/blog\/wp-json\/wp\/v2\/media?parent=91"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.reo-magician.com\/blog\/wp-json\/wp\/v2\/categories?post=91"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.reo-magician.com\/blog\/wp-json\/wp\/v2\/tags?post=91"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}