Record Numbers of US Homeowners Slashed Sales Prices in July, Says Redfin

A grounds fig of location sellers dropped their asking terms successful July, arsenic the U.S. lodging marketplace began to vessel rapidly, according to caller information from Redfin. July saw the biggest yearly diminution successful U.S. location income successful much than a year. Many buyers person fled the lodging marketplace amid precocious owe rates and rising prices, while immoderate prospective homeowners person refrained from selling, arsenic locatio...