More homeowners are gearing up to sell their homes this spring, and depending on their market, they are pricing their properties more aggressively.
According to Realtor.com, 14.6% of US homes listed for sale had their prices lowered, up from 13.2% last year.
The percentage of homes with lowered list prices has shown a slight increase month by month since 2017.
While the trend is subtle, it serves as motivation for both sellers and buyers to move from the sidelines and actively engage in the market.
