As rising mortgage rates push buyers to the brink, sellers are starting to cut prices
Housing Wire
SEPTEMBER 29, 2023
Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. The five metro areas with the highest percentage of listings with price cuts for the week ending Sept. According to the brokerage, 6.5%
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