Why Sellers are Lowering Their Home Prices

August 17, 2018

A bit of good news for would-be home buyers. the housing market may have found a limit to what people are willing to pay...and more sellers are lowering prices as a result. According to a new report from Zillow, about 14% of total listings nationally saw a price cut in June. In addition, home price growth is slowing in almost half of the largest U.S. metro areas.