These cities are on sale [MSN Money]
Zillow Group, Inc. - Class C Capital Stock (Z)
Last zillow group, inc. - class c capital stock earnings: 8/6 04:06 pm
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Source: MSN Money
© Provided by Zillow, Inc. There were more price cuts on home listings in the last year than any year since 2014—but the trend varies from one neighborhood to another. Anyone who’s been looking for a nice, affordable house in a neighborhood they love knows it’s not exactly a buyer’s market out there. But there’s some good news for homebuyers, even if it’s not a dramatic change. Three things are going on: housing price growth has slowed; inventory is creeping up (more houses! Yay!); and more sellers are lowering their prices. That’s big news—according to our research , in 58 of the 100 largest metros, the number of listings with price cuts is going up. In fact, price reductions are at their highest levels since 2014. Here’s where it gets a little more complicated. These are small, early signs of relief for homebuyers, not a huge market shift. And the price cuts are happening in very specific places. Not just certain cities, but certain neighborhoods within those ci
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