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.