Homes Selling Below Asking Price in Most Major US Cities

Home sellers in 38 of the 50 largest U.S. cities are accepting offers below asking price. This trend is attributed to higher mortgage rates, which are squeezing buyers' budgets and impacting affordability.

7 Aug, 13:00 — 7 Aug, 13:00

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cnbcMostly Factual9d ago

Homes are selling below asking in 38 of the 50 biggest U.S. cities—if you can afford one

Home sellers in many of the largest U.S. cities are accepting offers below asking as higher mortgage rates squeeze buyers' budgets.

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Homes Selling Below Asking Price in Most Major US Cities

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Homes are selling below asking in 38 of the 50 biggest U.S. cities—if you can afford one

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