Good news for Seattle home buyers: more sellers are dropping asking price

Photo by Gabriele Diwald on Unsplash

This winter, more sellers are dropping their asking price to lure buyers, who may be able to negotiate the price down further. 22 percent of all current listings are being pitched at a reduced price, according to new data. 

Mike Rosenberg | Seattle Times

Earlier this week the news was that the average Seattle-area homebuyer has been successfully able to negotiate a deal at below list price for the first time in four years.

But that’s only half the story: In a lot of cases, sellers are now doing the work for buyers by lowering the list price themselves.

To read the full article, click here: Seattle home sellers, seeing new reality, are lowering list prices faster than anywhere else