How much are sellers cutting home prices?
42% of listings have price cuts with a median markdown of 4%, highlighting seller adjustments in a balancing market.
Home Prices
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New York and DC homeowners set for biggest savings from SALT cap hike
The change, part of President Trump’s “One Big Beautiful Bill Act,” raised the deduction limit from $10,000 to $40,000.
US home flipping profits hit lowest level since 2008
Profits from flipping have steadily eroded over the past decade. In fall 2012, the average return on investment was nearly 63%.
Help exists for cash-strapped homebuyers — but many don’t know it
Three experts — a former agent, an economist and a down payment program founder — talk about the decline in housing affordability and what help is out there.
$67K to sell a home? Consumers drastically underestimate the costs
More than half of respondents were surprised by costs and nearly a quarter went into debt. Forty percent reported financial strain.
Household income climbs in some big cities, outweighed by inflation in others
Modest income increases failed to keep pace with the roughly 3% inflation rate, meaning many households effectively lost buying power.
Midwest housing markets defy national days on market trends
Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market.
Homeownership among Black Americans drops to 4-year low
Results were down roughly 1.5% from this time last year and marked the steepest annual decline since the third quarter of 2021.
Fannie Mae: Consumer housing sentiment slips in August
More positive outlooks for mortgage rates and homebuying conditions were not enough to offset declines in seller sentiment, home-price expectations, household income growth and job security.
US housing market value hits record $55T, but growth is slowing
New York posted the biggest gain — equal to about one-quarter of the nation’s increase — while values in Florida and California fell.