Homesellers 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 ...
Tag: Price Cuts
Existing-Home Sales Rise 1.5% in September as Mortgage Rates Ease Slowly
The latest report from the National Association of Realtors® (NAR) on existing-home sales today revealed a 1.5% month-over-month increase in ...
Report: Inventory Growth Loses Momentum as Summer Ends
According to Realtor.com®’s monthly housing data report for August, this marked the 22nd consecutive month of inventory growth. While active ...
New Report Shows Home Prices Dropping, but Only for Some Buyers
Realtor.com’s July Monthly Housing Trends Report reflects a market that’s beginning to favor the buyer, where inventory is high and ...
‘Lock-in Effect’ Appears to be Giving Way, According to Zillow
A new report by Zillow shows that sellers are in a more advantageous position than buyers, so much so that ...
Report: Sellers Cutting Prices at Highest Rate Since 2022
Nationwide, 6.4% of homesellers cut their asking price during the four weeks ending May 26 on average, the highest share ...
10 Key Strategies From Experienced Agents to KO the Competition
Just as boxers must be in phenomenal condition to win, so too must you be in peak form, especially these days when limited inventory, fluctuating mortgage rates and other aspects of the business combine to a point where only the strong survive. Read more.
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