Nearly 1 in 5 homesellers dropped their listing price during the four-week period ending May 22, a high watermark unmatched since October 2019, according to a new report from Redfin.
Source: Inman News
List prices are finally starting to fall
More from above askingMore posts in above asking »
More from AgentMore posts in Agent »
- NAR economist predicts post-shutdown real estate ‘boom’
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Crack the code on social media: Now Streaming
- NAR scores a victory in buyer commission lawsuit
More from asking priceMore posts in asking price »
- Bay Area, NYC buyers drive bidding wars as market shifts loom
- Average homes sell above asking price for first time since last year
- Too big an ask? Homesellers struggle to find the right comps
- Are sellers aiming too high? Price cuts abound throughout the US
- Buyers are still fighting hard, despite costly home payments
More from Daryl FairweatherMore posts in Daryl Fairweather »
More from homebuyer demandMore posts in homebuyer demand »
- Lower mortgage rates spur homebuyers, but mostly refis
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Mortgage rates ebb as Powell hints at end of ‘quantitative tightening’
- Here’s how strategic homesellers can find success in a shifting market if they start planning early
- Here are the markets where homebuyers have the upper hand
More from homesellersMore posts in homesellers »
- Share of first-time homebuyers falls to lowest point ever
- Commissions held up in Year 1. Would a seller’s shift upend them?
- 15% of homebuyers ‘ghosted’ homesellers in September
- Tensions run high as buyers and sellers battle for ‘the driver’s seat’
- Is the mortgage lock-in effect ending? These numbers offer clues
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from mortgage ratesMore posts in mortgage rates »
- NAR economist predicts post-shutdown real estate ‘boom’
- Homebuying off to strongest November start since 2022
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- AI helps UWM seize the day, make the most loans in 4 years in Q3
More from pending home salesMore posts in 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
- Is the mortgage lock-in effect ending? These numbers offer clues
More from price dropsMore posts in price drops »
- Deals will hinge on negotiations this fall. Here’s how buyers’ agents win
- Agent Outlook: How will the market determine your strategy?
- Falling list prices hit pandemic hot spots hardest, new Redfin study says
- Wary sellers back off asking prices in June housing slowdown
- Is it a housing bubble? Nearly 68% of housing markets are overvalued
More from RedfinMore posts in Redfin »
- Redfin site fluke exposed past users’ data on listing contact forms
- Stop freaking out about 50-year mortgages. They might save the housing market
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
More from SelectMore posts in Select »
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
Be First to Comment