First-time homebuyers are increasingly willing to bargain, and many say the most persuasive concession is a lower asking price. A lender-sponsored survey of 934 prospective and recent first-time buyers found that 86% were comfortable making an offer below list price,...
Home sellers are increasingly paying to get deals across the finish line as elevated mortgage rates and abundant inventory give buyers more negotiating power. Seller concessions were reported in 44.7% of U.S. home sales in August, up from 42.6% a year earlier and the...
The late-summer housing market is giving buyers something they have spent much of the past several years waiting for: leverage. Whether enough buyers can afford to use it is another question. New listings rose 0.4% from the previous week during the four weeks ending...