✉news BusinessReal Estate first seen 18 h ago, last 11 min ago, peak #4
One in three home sellers cut prices in September in one US city
Original: This city saw 1 in 3 home sellers slash their asking price in September to attract reluctant buyers
Roughly one in three home sellers in one city cut their asking price in September as reluctant buyers stayed on the sidelines, according to a MarketWatch report. The figures point to growing price flexibility in a housing market where high mortgage rates and affordability concerns have slowed demand, giving buyers more negotiating room than in recent years.
Why now: Buyers and sellers are watching for signs of price cuts as high mortgage rates cool the housing market.
Evidence
- This city saw 1 in 3 home sellers slash their asking price in September to attract reluctant buyers · MarketWatch
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