Report: Price Cuts Tick Up as Buyers Feel Economic Pressure
In the wake of elevated mortgage rates and rising year-over-year inflation, homesellers are doing their best to stimulate buyer behavior and get their listings off the market. According to a recent report by Bright MLS Chief Economist Lisa Sturtevant, about 40.1% of market listings in the Mid-Atlantic region have had their prices reduced as of…
The post Report: Price Cuts Tick Up as Buyers Feel Economic Pressure appeared first on RISMedia.
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