BiggerPockets Real Estate · October 16, 2026 · 32m

20% of Homes See Price Cuts (Sellers Face Reality) | Oct. 2026 Housing Market Update

The October 2026 housing market update reveals a surge in seller desperation as over 20% of listings in the past four weeks have seen price cuts. With mortgage rates still elevated and the slower winter season approaching, buyers are gaining leverage. Dave Meyer explains how to spot the most motivated sellers, what offer to make on a stale listing to secure day-one equity, and how to evaluate whether the market correction could turn into a full crash.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Preview

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Widespread Price Cuts Signal a Buyer’s Market

Over 20% of homes listed in the past four weeks have reduced their asking price—a level of discounting not seen in recent years.

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Winter Seasonality Will Pressure Sellers Further

As winter approaches, seasonal drops in buyer demand will likely force even deeper price cuts from sellers still on the market.

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