---
title: "Home sellers cut prices as market stalls, Liz Suder sells for $650,000"
publication: "MediaBias News"
url: "https://mediabias.news/business/home-sellers-cut-prices-as-market-stalls-liz-suder-sells-for-650000"
api: "https://mediabias.news/api/v1/stories/home-sellers-cut-prices-as-market-stalls-liz-suder-sells-for-650000"
markdown: "https://mediabias.news/business/home-sellers-cut-prices-as-market-stalls-liz-suder-sells-for-650000.md"
audio: "https://mediabias.news/api/audio/home-sellers-cut-prices-as-market-stalls-liz-suder-sells-for-650000"
category: "Business & Economy"
area: "United States"
published: "2026-10-25T15:05:10.698Z"
source_reported: "2026-10-25T12:59:22.000Z"
updated: "2026-10-25T16:16:01.933Z"
trust_score: 50
critic_score: 60
hype_score: 20
assessment_type: "coverage-and-source-reporting-analysis"
fact_check_status: "not-performed"
coverage_measured: "2026-10-25T15:05:44.072Z"
---

# Home sellers cut prices as market stalls, Liz Suder sells for $650,000

*A stagnant US housing market is forcing sellers nationwide to lower listings and offer concessions, with median prices falling and price cuts reaching a four‑year high.*

**Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): 

- Trust 50 of 100, higher is better. The central claim is attributed to a named economist and real estate agents, but lacks independent corroboration.
- Craft 60 of 100, higher is better. The article clearly separates facts from comment and provides specific examples and figures.
- Hype 20 of 100, lower is better. The language is measured and proportionate, accurately reflecting the stagnant market conditions.

Scored by MediaBias News; method at https://mediabias.news/methodology.

**The short version**

- Stagnant market and high mortgage rates are prompting sellers to cut prices and add buyer concessions.
- National median home listing price fell 1.2% to $419,250 in September, with 21% of listings lowered, a four‑year high.
- Liz Suder sold her Murphy, Texas home for $650,000 after reducing the asking price from $750,000 and contributing $9,000 toward repairs.
- Rick Ganga in Blaine, Washington has received no offers on his $825,000 home despite lowering the price below $800,000.

A stagnant housing market, driven by surging mortgage rates, years of rising home prices and persistent inflation, has left many owners unable to move for work, family or other life changes. Sellers who cannot withdraw their listings are feeling pressure to lower asking prices and to add thousands of dollars toward a buyer’s closing costs.

Realtor.com data show the national median home listing price declined 1.2% in September from a year earlier to $419,250, marking the eleventh consecutive month of year‑over‑year drops. About 21% of September listings had their initial price reduced, the highest proportion in four years.

In Murphy, Texas, Liz Suder listed her four‑bedroom, 3.5‑bath house for $750,000 in April 2025. After a year of price cuts and a temporary withdrawal, she relisted in February for $725,000 and ultimately sold for $650,000, adding $9,000 toward repairs to close the deal.

Rick Ganga, facing a divorce, put his three‑bedroom, 2.5‑bath home in Blaine, Washington on the market on 1 June for $825,000. Even after lowering the price to just under $800,000, he reports no offers and expects the property to remain unsold until spring or summer of the following year.

Ethan Butner in Troutdale, Oregon, listed his home for $480,000 and later cut $30,000 from the price. The reduction generated a single offer that later fell through, leaving him and his family feeling stuck while they await a buyer.

> "The dynamic has shifted back toward more of what we call buyers’ markets rather than sellers’ markets,"
>
> — Mark Fleming, chief economist, First American Financial

**$419,250** — Median home listing price in September (Down 1.2% from a year earlier)

## What the coverage left out

No centre‑rated or right‑rated outlets ran this story, so their reports do not mention any of the price‑cut data, homeowner examples or the shift toward a buyers’ market described above.

## Who covered it

Shares of the 21 covering outlets with a published leaning rating:

- Left: 38% (8)
- Centre: 52% (11)
- Right: 10% (2)

2 of 23 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-10-25T15:05:44.072Z.

**Coverage watch:** developing. Checked 3 times; 2 checks found a material change. Most recently checked 2026-10-25T17:30:27.358Z.

## How the sides framed it

### Left

- The left‑rated digests from The Independent, The Record, Associated Press News, The Toronto Star, NBC Dallas‑Fort Worth and NBC Bay Area all reported a stagnant housing market, rising mortgage rates and sellers remaining on the market for months without offers.
- The Independent’s full article described the market shift, cited chief economist Mark Fleming on the move toward a buyers’ market, and included Liz Suder’s account of listing her Texas home at $750,000, relisting at $725,000 and selling for $650,000 after a year.
- abc News presented the same market background, quoted Mark Fleming with the same assessment, and reproduced Suder’s remarks about waiting to sell, the year‑long delay and the $9,000 repair contribution that accompanied the $650,000 sale.
- None of the left‑rated pieces mentioned any policy proposals, buyer‑side perspectives or regional variations beyond the Texas example, and they did not provide statistical data on buyer demand or inventory levels.

### Centre

- Both centre outlets reported that a slowdown in the U.S. housing market is prompting many sellers to cut listing prices and offer buyer concessions. They linked the slowdown to higher mortgage rates, several years of price growth and persistent inflation, which together are reducing buyer demand.
- Washington Top News led on the shift, noting that sellers outnumber buyers and that the median listing price fell 1.2 % in September. It quoted Mark Fleming of First American Financial describing a move toward a buyers’ market, and Jake Krimmel of Realtor.com on buyer leverage. The report also detailed Liz Suder’s Texas sale at $650,000 after multiple price cuts and Rick Ganga’s Washington home listed above $800,000 with no offers.
- WKMG’s digest led on the same slowdown, describing a market hampered by surging mortgage rates, years of rising home prices and an economy weakened by inflation. It said many sellers are stuck in limbo as homes remain on the market for months without offers, but it did not provide individual seller examples or specific statistics.
- Compared with Washington Top News, the WKMG digest omitted the quoted economists, the median‑price decline figure and the detailed case studies of Suder and Ganga. Washington Top News included those elements, while WKMG’s brief summary did not mention any specific price‑cut percentages or regional seller anecdotes.

### Right

No separate framing summary.

## Factuality profile of the covering outlets

These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true.

- mixed: 2
- high: 5
- unknown: 2
- veryHigh: 14

## Verification scope

This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true.

## Original reporting this was written from

- [Houston Chronicle](https://chron.com/business/article/home-sellers-are-lowering-their-price-and-helping-22493317.php) — Client Challenge
- [Connecticut Post](https://ctpost.com/business/article/home-sellers-are-lowering-their-price-and-helping-22493317.php) — Client Challenge
- [CT Insider](https://ctinsider.com/business/article/home-sellers-are-lowering-their-price-and-helping-22493317.php) — Client Challenge
- [Fortune](https://fortune.com/2026/10/25/housing-market-home-prices-buyers-sellers-supply-mortgage-rates) — Meet the homeowners who have been forced to slash their asking prices in a stagnant market. 'It’s been a roller coaster of emotion'
- [BizToc](https://biztoc.com/x/2d71c3d2a9f60d0c) — Meet the homeowners who have been forced to slash their asking prices in a stagnant market. ‘It’s been a roller coaster of emotion’
- [MSNBCTV NEWS](https://msnbctv.news/meet-the-homeowners-who-have-been-forced-to-slash-their-asking-prices-in-a-stagnant-market) — Meet the homeowners who have been forced to slash their asking prices in a stagnant market
- [Wral News](https://wral.com/news/ap/18372-home-sellers-are-lowering-their-price-and-helping-buyers-to-make-a-deal-in-a-stagnant-market) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [Washington Top News](https://wtop.com/national/2026/10/home-sellers-are-lowering-their-price-and-helping-buyers-to-make-a-deal-in-a-stagnant-market) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market – WTOP News
- [The Toronto Star](https://thestar.com/news/world/united-states/home-sellers-are-lowering-their-price-and-helping-buyers-to-make-a-deal-in-a-stagnant-market/article_4960950d-95e0-55d5-a8e5-57f469a428f8.html) — U.S. home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [Newsday](https://newsday.com/business/housing-sellers-buyers-mortgage-rates-down-payment-m34009) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [KSAT 12](https://ksat.com/2026/10/25/home-sellers-are-lowering-their-price-and-helping-buyers-to-make-a-deal-in-a-stagnant-market) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [The Independent (US)](https://the-independent.com/news/america-los-angeles-life-washington-texas-b3072943.html) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [The Independent](https://independent.co.uk/news/america-los-angeles-life-washington-texas-b3072943.html) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [WKMG](https://clickorlando.com/business/2026/10/25/home-sellers-are-lowering-their-price-and-helping-buyers-to-make-a-deal-in-a-stagnant-market) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [abc News](https://abcnews.com/Business/wireStory/home-sellers-lowering-price-helping-buyers-make-deal-137551085) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [Associated Press News](https://apnews.com/article/housing-sellers-buyers-mortgage-rates-down-payment-183721a64d3fc45b6385e60e56a5413a) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [Washington Times](https://washingtontimes.com/news/2026/oct/25/home-sellers-lowering-price-helping-buyers-make-deal-stagnant-market) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [News 4 JAX](https://news4jax.com/business/2026/10/25/home-sellers-are-lowering-their-price-and-helping-buyers-to-make-a-deal-in-a-stagnant-market) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [KARK](https://kark.com/news/business/ap-home-sellers-are-lowering-their-price-and-helping-buyers-to-make-a-deal-in-a-stagnant-market) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [The Record](https://therecord.com/business/home-sellers-are-lowering-their-price-and-helping-buyers-to-make-a-deal-in-a-stagnant-market/article_0fcf54c9-113b-52e4-937d-8bc22e6aee2c.html) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [NBC Dallas-Fort Worth](https://nbcdfw.com/news/national-international/home-sellers-lowering-price-helping-buyers-stagnant-market/4095411) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [Winnipeg Free Press](https://winnipegfreepress.com/business/2026/10/25/home-sellers-are-lowering-their-price-and-helping-buyers-to-make-a-deal-in-a-stagnant-market) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
- [NBC Bay Area](https://nbcbayarea.com/news/national-international/home-sellers-lowering-price-helping-buyers-stagnant-market/4164142) — Home sellers are lowering their price and helping buyers to make a deal in a stagnant market

## Questions

**Why are home sellers lowering their prices?**

Sellers are cutting prices because rising mortgage rates, high inflation and lingering high home prices have reduced buyer demand, turning the market into a buyers’ market where concessions are needed to attract offers.

**What is the current median home listing price?**

The median home listing price in September fell to $419,250, a 1.2% decline from the same month a year earlier, according to Realtor.com data cited in the report.

**How many listings had price cuts in September?**

About 21% of all home listings in September had their initial asking price lowered, representing the highest proportion of price cuts in four years, as reported by the Independent.

**What happened to Liz Suder’s house in Texas?**

Liz Suder listed her Murphy, Texas home for $750,000, later reduced the price to $725,000, and finally sold it for $650,000 after contributing $9,000 toward repairs, ending a year‑long selling process.

---

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