Sellers are slashing prices at a historic pace to attract buyers sidelined by mortgage interest rates
Rising mortgage rates caused the housing market to cool in September, forcing sellers to cut prices to historic levels in an attempt to revive declining demand. Nationally, the share of listings with price reductions reached 20.8%, up 0.9 percentage points from a year ago and exceeding 2025 levels for the first time in 2026, according … Read more