Thinking of Buying? These Cities Are Among the Fastest-Cooling Housing Markets in the Country

Source: The Motley Fool — 

As potential home buyers think twice about whether now is the right time to buy, sellers in some areas are dropping their prices. The red-hot housing market ushered in by the pandemic is now cooling.

And according to Redfin, the areas of the country most popular with home buyers early in the pandemic are now cooling the fastest. Sellers in places like Boise, Denver, Salt Lake City, and Tacoma are coming face-to-face with the reality of buyers too nervous to start bidding wars.