Tag Archives: price reductions

Homebuyers gain leverage as sellers cut prices: Zillow

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Prospective homebuyers have a better shot at securing a dream home as sellers continue to lower listing prices, according to a recent analysis by Zillow. Despite persistently high mortgage rates, buyers are capitalizing on these price reductions to neg… Continue reading →

Weak demand drives up share of homesellers cutting prices

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The typical home sold for 0.3 percent less than the original asking price in the past month, according to a new report from Redfin. Continue reading →

This is the best time for homebuyers’ agents to lock in a deal this fall

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Realtor.com’s “Best Time to Buy” report revealed Sept. 25 to Oct. 1 is the best time for buyers to seize early-season savings as rising mortgage rates and booming inflation clobber demand. Continue reading →

‘Time for a price reduction’: Having the tough conversation with your sellers

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Despite appearances to the contrary, robust seller’s markets don’t last forever, according to author and coach Bernice Ross. Now is the time to start using the various AVMs to prepare to persuade your sellers to lower their prices and avoid getting cau… Continue reading →