Price Cuts Hit 12-Year High, Sellers Reconsider Quickly
Description
Are we witnessing the beginning of a housing market crash, or is this just a healthy correction? With 42% of homes on the market having taken price reductions — the highest level in 12 years — host Dave Meyer sits down with Mike Simonsen, Chief Economist at Compass, to decode what these dramatic inventory changes really mean for investors and homebuyers. This episode reveals why rising inventory and falling prices don't automatically signal a market crash, and how current market dynamics are creating unprecedented buyer negotiating power for the first time in years.
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Find an Investor-Friendly Agent in Your Area
Find Investor-Friendly Lenders
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-346
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
United States
