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Sellers Bend to Buyers in Hot Markets | Real Estate News
Housing market shifts are heating up as nearly 45% of U.S. home sales in August came with seller concessions—like covering closing costs or mortgage rate buydowns—the highest in four years. With mortgage rates near 7% due to the Fed’s first rate hike in three years, buyers are gaining leverage, especially in Atlanta, Charlotte, and Phoenix, where over 60% of deals include perks. Meanwhile, tight markets in places like San Jose and New York still see few concessions. It’s a complex but promising landscape for savvy buyers. Listen in comfort:Get a discount on a Soli Pillow…
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