Pandemic Boomtowns Like Boise Are Starting to Go Bust, Agents Say
In Boise, 70% of home sellers slashed their asking prices. Real-estate agents in 7 hot spots confirmed they're seeing their housing markets deflate.
Source: businessinsider.com
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In Boise, 70% of home sellers slashed their asking prices. Real-estate agents in 7 hot spots confirmed they're seeing their housing markets deflate.
As more contracts fail to close, some frustrated buyers who didn’t win the bid are receiving a call a week or more later: Do they still want the home?
Homebuyers are canceling contracts as interest rates rise, giving-once rejected purchasers another chance at that home they wanted all along.