Home Sellers Cutting Prices at Record Rate as Buyer’s Market Intensifies, Per Redfin Study
A record share of home sellers are slashing prices as the housing market increasingly favors buyers, according to new analysis from Redfin. According to the report, 34.2% of February home sellers lowered their list price—the highest February share in records dating back to 2012, up from 31.5% a year earlier. The data reveals a market…
The post Home Sellers Cutting Prices at Record Rate as Buyer’s Market Intensifies, Per Redfin Study appeared first on RISMedia.
Categories
Recent Posts
Mortgage rates fell and demand steadied as inventory dipped
‘The American Dream Has an Address’—and Both Parties Are on Notice, Strategists Say
Reba McEntire Reveals Dolly Parton’s Touching On-Set Gesture: ‘She Didn’t Have To Do That’
This Off-Grid ‘Treehouse’ Is Perched 60 Feet in the Air—and Built From Shipping Containers
A Former 1900s Lakeside Resort in Georgia Is for Sale as an $8.85 Million Private Retreat
‘It’s Insane’: Building Tech CEO Slams L.A.’s Return to Wood Framing After Deadly Wildfires
This $9.5 Million Pasadena Estate Looks 100 Years Old—Until You Step Inside
EXCLUSIVE: Real Estate Leader Shelton Wilder Reveals the Design Trends Set To Define Luxury Living in 2027
‘We Used House-Sitting To Plan Our Cross-Country Move—Until Life Got In the Way’
Comparative Market Analysis: How Much Is Your Home Worth?
