3 Housing Markets Where Buyers Are Getting Hot Deals in 2024
Marco Santarelli
JUNE 23, 2024
The housing market , once a seller's dream, is undergoing a shift. While high mortgage rates continue to pose a challenge for many buyers, a growing number of sellers are finding themselves in a new reality: price reductions. This presents a welcome opportunity for buyers who may have been priced out of the market earlier. The data speaks volumes. According to Realtor.com, the share of homes with price reductions has jumped significantly, from 12.7% in May 2023 to 16.6% in May 2024.
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