According to a recent Redfin report, a notable 6.4% of homes listed for sale in the recent four-week period have seen a price reduction. This data provides valuable insight into the current state of the housing market, indicating potential trends and shifts in pricing strategies among sellers.
Key points from the report include:
– 6.4% of homes listed for sale experienced a price cut
– The data covers a four-week period ending on May 26
– This information sheds light on seller behavior and market conditions
– The findings may have implications for both buyers and sellers in the real estate industry
– The report underscores the importance of staying informed about market trends for those involved in the housing market.
You can read this full article at: https://www.housingwire.com/articles/percentage-of-homes-with-price-cuts-reaches-18-month-high/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
