Page 6 - Shauna Pendleton News Today

A record number of home sellers dropped their asking price in July, as the U.S. housing market began ...

Some American cities saw as much as 70 percent of home sellers dropping their asking prices in July as the housing market continues to cool and buyers back out of the market. According to data [...]

Ian Shepherdson, chief economist at Pantheon Macroeconomics, said that the outlook for housing sales is even more grim than the Fed has said, and the worst is yet to come for home prices.

Here are the top 10 U.S. cities that had the highest share of sellers who dropped their asking prices in July as more buyers backed out of the market.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Here are the top 10 U.S. cities that had the highest share of sellers who dropped their asking prices in July as more buyers backed out of the market.

Pandemic \

Sellers drop house prices in former pandemic boomtowns, teachers go on strike in Ohios largest school district, and more

Cities that saw soaring home prices during the COVID-19 pandemic are now falling back to earth, as sellers are forced to shed their unrealistic expectations about the prices they can ask.

Nationally, more than 15 percent of homesellers dropped list prices in July across the 97 metro areas analyzed by Redfin.