20% of Homes See Price Cuts (Sellers Face Reality) | Oct. 2026 Housing Market Update
Summary
Dave Meyer analyzes the October 2026 housing market, noting that while nominal prices remain stable, forward-looking indicators like rising price cuts and falling pending sales signal a softening trend. He identifies a buying opportunity as sellers become realistic, urging investors to target properties listed for 60+ days or those with recent price reductions to secure below-market deals. The episode concludes with a risk assessment, arguing that low delinquency rates and the absence of forced selling make a crash unlikely, despite concerns over rising VA loan defaults and potential AI-rel…
Topics discussed
Intro: Buying opportunity and price cuts
Episode overview and agenda
Home prices: Nominal vs inflation-adjusted
Inventory, listings, and market stability
Forecast: Weakening market and winter deals
Investor strategy for a declining market
Sponsor breaks
Regional trends and affordability
Record price cuts and seller realism
Finding motivated sellers and flippers
Transition to risk report
Sponsor breaks
Crash risk assessment and media hype
Forced selling and 2008 comparison
Current delinquency and foreclosure data
FHA and VA loan distress trends
Future risks: AI bubble and unemployment
Conclusion and long-term investing advice
Listen ad-free on Castria