Items Tagged with 'Listing price'

ARTICLES

  • Florida cities see greatest percentage of price cuts as housing market cools

    Nationwide, 75% of listings predicted to sell below asking in Q2
    The housing market is tipping in favor of buyers, with a significant percentage of homes on the market selling for less than their original listing price. This is according to real estate startup Knock, which reveals which markets have the highest percentage of homes that will sell below asking in its second quarter Deals Forecast. Here’s where buyers can score the best deal.
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  • Number of homes selling above list price drastically declines

    Homes selling above list price hits three-year low in December
    In the second half of 2018, the amount of homes selling above list price drastically retreated, according to new data from Zillow. The real estate giant attributes December’s decline to several factors including inventory improvements and increasing mortgage rates.
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  • Home sellers pricing the market too high?

    Number of value reductions increases from last year
    The number of homes with price reductions increased from last year. While this could show a softening in the market, it could also show that sellers are coming in too high. This especially true in Texas, which holds four of the top 10 metros with the greatest increase in number of reductions.
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  • When is the best time of year to buy a home?

    Listing prices are the same, sold prices are down
    Spoiler: Home prices peak in the summer months, so that's not the best time to buy a home, according to a study by NerdWallet. So, can you guess the season when the listing prices of homes seem to be business as usual, but the sale price plummets? If so, you've just found the "hidden" market for homebuyers.
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