Buyers Retreat, Sellers in Pandemic Boomtowns Drop Asking Prices

September 6, 2022 Demetria Lester

A high share of home sellers dropped their asking price in July, particularly in pandemic boomtowns, as they struggled to match their expectations with the reality of the cooling housing market, according to a new market report from Redfin. Nearly 70% of homes for sale in Boise, Idaho, had a price drop in July, the ...

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