{"id":13,"date":"2026-09-09T11:00:00","date_gmt":"2026-09-09T11:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/frankdurnett-com\/2026\/09\/09\/u-s-office-downturn-where-investors-look\/"},"modified":"2026-09-09T11:00:00","modified_gmt":"2026-09-09T11:00:00","slug":"u-s-office-downturn-where-investors-look","status":"publish","type":"post","link":"https:\/\/www.frankdurnett.com\/blog\/2026\/09\/09\/u-s-office-downturn-where-investors-look\/","title":{"rendered":"U.S. Office Downturn: Where Investors Look"},"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\/frank-m-durnett\/housing-listings-demand-remotion-videos-1689-8136\"\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>It\u2019s an interesting time in the national housing market: over the four weeks ending August 23, we saw new US listings edge up 0.4% and total homes for sale rise 0.5%, putting inventory at its highest since early Q2. Meanwhile, pending home sales dipped 1.1% to a six-month low, with many buyers holding back as housing costs remain elevated\u2014even as inventory improves nationwide. The median US sale price climbed 1.9% year-over-year to over $400K, and average mortgage rates hovered near 7%, close to a 13-month high. For those actively looking, these rising inventory levels and softer demand are shaping more buyer-friendly conditions, with greater opportunities to negotiate on price or concessions, especially for homes that have been on the market several weeks. Sellers are finding that realistic pricing\u2014rather than chasing last year\u2019s highs\u2014works best in today\u2019s landscape. Having helped Richmond buyers and sellers navigate every kind of market for over 40 years, I know how important it is to approach these shifts with both confidence and strategy.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s an interesting time in the national housing market: over the four weeks ending August 23, we saw new US listings edge up 0.4% and total homes for sale rise 0.5%, putting inventory at its highest since early Q2. Meanwhile, pending home sales dipped 1.1% to a six-month low, with many buyers holding back as [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":45,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.frankdurnett.com\/blog\/wp-json\/wp\/v2\/posts\/13","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.frankdurnett.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.frankdurnett.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.frankdurnett.com\/blog\/wp-json\/wp\/v2\/comments?post=13"}],"version-history":[{"count":0,"href":"https:\/\/www.frankdurnett.com\/blog\/wp-json\/wp\/v2\/posts\/13\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.frankdurnett.com\/blog\/wp-json\/wp\/v2\/media\/45"}],"wp:attachment":[{"href":"https:\/\/www.frankdurnett.com\/blog\/wp-json\/wp\/v2\/media?parent=13"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.frankdurnett.com\/blog\/wp-json\/wp\/v2\/categories?post=13"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.frankdurnett.com\/blog\/wp-json\/wp\/v2\/tags?post=13"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}