The desperate measures homeowners across US are taking to sell as housing market slows
Nearly half of US home sellers are having to give concessions to buyers as as the housing market slows to levels not seen since the Great Recession. From January through March, 44.4 percent of home sales included incentives like closing costs being covered, repair credits, or mortgage-rate buydowns. One agent said a seller offered to cover HOA fees. These extras come on top of any price negotiations and highlight just how tough the market has become for sellers.
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