American Homebuyers Gain Leverage as Record Share of Sellers Slash House Prices: Redfin

Home sellers are giving much concessions and terms cuts to prospective buyers amid precocious owe rates and location prices, according to existent property brokerage Redfin. During the 3 months ending Feb. 28, sellers gave concessions to 45.5 percent of location income recorded by agents astatine Redfin, according to a March 15 press release. This is the highest three-month stock successful the company’s records dating backmost to June 2020 and beats the 31.1 percent stock ...