Redfin, Seattle, reported sellers gave concessions to buyers in 45.5% of home sales recorded by Redfin agents during the three months ending February 28, the highest share of any three-month period since June 2020.
Tag: Seller Concessions
Record Share of Home Sellers Offer Concessions to Buyers
The housing market’s about-face from a sellers’ market to a buyers’ market played out in stark fashion in the fourth quarter, with a record share of home buyers asking for—and receiving concessions in home sales, said Redfin, Seattle.