In the first quarter of the year, 44.4 percent of homesellers included concessions in their deals, just shy of the record 45.1 percent seen at the start of 2023, according to new data released Monday by Redfin.
Source: Inman News
Concessions surge as homesellers offer sweeter deals in sour markets
More from atlantaMore posts in atlanta »
- Fallout over Fed policymakers’ investments reshaping the board
- The inventory surge is sputtering. See how your market stacks up
- Veterans have been ‘priced out,’ left behind by the housing market
- 15% of homebuyers ‘ghosted’ homesellers in September
- An interactive look inside the new-inventory run that’s losing steam
More from Buyer concessionsMore posts in Buyer concessions »
More from Chaley McVayMore posts in Chaley McVay »
More from concessionsMore posts in concessions »
- Stop begging for deals: 9 real-world tips for negotiating concessions
- ‘Signs of deceleration’ bedevil US home prices
- Discounts, lower mortgage rates give homebuyers deals this fall
- ‘Not a shift, a transition,’ 2 reports say of homebuying market
- Mortgage rates hit 10-month low, spurring lower monthly payments
More from denverMore posts in denver »
- How a Denver team turned challenge into its strongest quarter
- The inventory surge is sputtering. See how your market stacks up
- PartnerOne acquiring Mortgage Cadence from Accenture
- Tech Review: Guest House shrinks time-to-market with listing prep
- An interactive look inside the new-inventory run that’s losing steam
More from economic uncertaintyMore posts in economic uncertainty »
- How to win more listings in a locked-in market environment
- Pending home sales remain stuck in the mud in September
- A 7-home estate and a former talk show host’s Montecito hideaway among September’s priciest sales
- How the government shutdown is impacting real estate
- How the growing buyer power shift is reshaping the real estate market
More from elevated mortgage ratesMore posts in elevated mortgage rates »
- America’s homeowner population declines for the 1st time since 2016
- Inventory’s up, but buyers aren’t biting as June sales slide again
- Despite market shift toward buyers, they’re still backing away
- Pending home sales tank 6.3% in April as mortgage rates stay high
- Buying vs. renting: The income gap is widening, Redfin says
More from first-time buyersMore posts in first-time buyers »
- NAR’s new consumer profile shows agents how to thrive in 2026
- How buyer affordability education makes you the go-to agent
- How to give children a voice in the real estate process
- ‘Is it cheaper to rent or buy today?’ How to answer that question
- Mortgage rates hit 10-month low, spurring lower monthly payments
More from home pricesMore posts in home prices »
- Delistings and discounts jump as holiday season approaches
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Rising unemployment revives prospects for December rate cut
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- ‘Signs of deceleration’ bedevil US home prices
More from homebuyingMore posts in homebuying »
More from homesellingMore posts in homeselling »
- Tailwinds pull October existing-home sales up 1.2%
- October brought the strongest buyer’s market in 12 years: Redfin
- 53% of US homes lost value from 2024 — but it’s not a crash
- NAR scores a victory in buyer commission lawsuit
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
More from housing inventoryMore posts in housing inventory »
- 3 under-the-radar trends from October’s Intel Index survey
- Let’s fill in the economic puzzle pieces as key data goes missing
- Kevin Brown shares his plans as NAR’s new president (EXCLUSIVE)
- Discounts, lower mortgage rates give homebuyers deals this fall
- 7 low-inventory market strategies every agent should adopt in Q4
More from housing supplyMore posts in housing supply »
- Trump administration lays out 5-year goals for Fannie, Freddie
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- What is the Federal Reserve, and how does it impact real estate?
- Fed signals it’s just getting started with 1/4 percentage point rate cut
- How politics and policy are fueling the housing crisis in 2025
More from inmanMore posts in inman »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Change strategy as the market shifts to win the listings long game
- Can agents use AI to help with contracts and disclosures?
- 5 lead-generation metrics you must review before 2026 begins
- Real CEO talks growth in hard times — and how everyone loses in real estate ‘wars’
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from miamiMore posts in miami »
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Luxury’s next phase: What the 2026 buyer really wants
- Delistings and discounts jump as holiday season approaches
- Home investors’ strategies vary by location: Here’s where they’re getting the most for their money
More from mortgage ratesMore posts in mortgage rates »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
- Delistings and discounts jump as holiday season approaches
More from new yorkMore posts in new york »
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Delistings and discounts jump as holiday season approaches
- ‘More persistent headwinds’ plague housing market as prices barely budge
- What saved my life — and why our industry must choose compassion over judgment
More from News BriefMore posts in News Brief »
More from pending home salesMore posts in pending home sales »
- October was another slow month for pending home sales
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Median monthly housing payments see sharpest drop in almost 1 year
- Pending home sales remain stuck in the mud in September
- Homebuyers froze deals at a record rate in August: Redfin
More from phoenixMore posts in phoenix »
More from portlandMore posts in portland »
- The inventory surge is sputtering. See how your market stacks up
- 5 types of social posts that are filling agents’ pipelines right now (with examples to copy)
- More than half of metros stray from ‘balanced’ housing market
- Why Flyhomes is quitting the real estate brokerage business
- Here are the markets where homebuyers have the upper hand
More from RedfinMore posts in Redfin »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Bayview merger positions Guild Mortgage for refinancing boom
- Zillow reverses course and removes climate data from listings
- Delistings and discounts jump as holiday season approaches
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
More from Redfin PremierMore posts in Redfin Premier »
- 15% of homebuyers ‘ghosted’ homesellers in September
- Despite market shift toward buyers, they’re still backing away
- Record $700B worth of listings on market, but sales are sluggish
- The spring sizzle fizzles: Economic jitters chill buyer demand
- Homes are sitting longer and not just because of mortgage rates
More from Redfin premier agentMore posts in Redfin premier agent »
- Stock market gains push luxury homebuyers ahead in October
- Despite market shift toward buyers, they’re still backing away
- Record $700B worth of listings on market, but sales are sluggish
- The spring sizzle fizzles: Economic jitters chill buyer demand
- Federal layoffs are fueling an inventory surge in nation’s capital
More from san antonioMore posts in san antonio »
- October brought the strongest buyer’s market in 12 years: Redfin
- Where else is Zillow not enforcing its private listing ban?
- Veterans have been ‘priced out,’ left behind by the housing market
- How a new agent turned hateful social media comments into a growth opportunity
- 15% of homebuyers ‘ghosted’ homesellers in September
More from san diegoMore posts in san diego »
- Bayview merger positions Guild Mortgage for refinancing boom
- Delistings and discounts jump as holiday season approaches
- The fallout from NAR’s big reversal: Take the Intel Index survey today
- 53% of US homes lost value from 2024 — but it’s not a crash
- Inman is celebrating 30 years of community, and you’re invited
More from seattleMore posts in seattle »
- Zillow’s listing ban hangs in the balance after 4-day hearing
- Stock market gains push luxury homebuyers ahead in October
- Let’s fill in the economic puzzle pieces as key data goes missing
- Heard of a K-shaped economy? You’re living in it now
- What the World Series can teach agents about consistency, coaching and closing
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from tampaMore posts in tampa »
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Stock market gains push luxury homebuyers ahead in October
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- Heard of a K-shaped economy? You’re living in it now
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
Be First to Comment