✉news BusinessReal Estate first seen 17 h ago, last 2 h ago, peak #9
Nearly half of US home sellers offering incentives as market cools
Original: From cruises to $20,000, almost half of home sellers are offering incentives to unload properties
Almost half of home sellers in the United States are now offering incentives to close deals, ranging from cash concessions of up to $20,000 to perks like free cruises. The trend points to a cooling housing market, with buyers gaining leverage as high mortgage rates and elevated prices leave many properties sitting longer. Commenters are treating the report as a sign the seller-friendly era may be ending.
Why now: A shift toward buyer leverage in the housing market is a timely economic signal amid high mortgage rates.
FortuneUS housing markethome sellers
Rank over time, top of the chart is #1. 12 snapshots from 17 h ago to 2 h ago.
Evidence
- From cruises to $20,000, almost half of home sellers are offering incentives to unload properties · Fortune
API: https://socialmediatrends-api.osmike.com/v1/trends/2754