Increased Price Reductions Could Give Buyers More Room to Negotiate This Spring
Portfolio Pulse from
The February Monthly Housing Report from Realtor.com indicates an increase in price reductions for homes, with 16.8% of homes experiencing price cuts, up from 14.6% last year. Newly listed homes rose by 4.2% year over year, and homes actively for sale increased by 27.5%.
February 27, 2025 | 11:15 am
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POSITIVE IMPACT
Realtor.com, a subsidiary of News Corp (NWS), reports increased price reductions and a rise in newly listed homes, indicating a more competitive housing market.
Realtor.com, owned by News Corp, is a key player in the real estate market. The report of increased price reductions and listings suggests a dynamic market, potentially boosting Realtor.com's traffic and ad revenue, positively impacting NWS.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80