High price cuts in top 10 housing markets indicate growing seller desperation. Realtors admit that “we’re in a housing depression”.
Top 10 Housing Markets with the highest price cut rate in May 2024. More price cuts mean more seller desperation. And a greater likelihood that prices drop in the future. 1. Tampa – 37% price cut rate 📉2. Austin – 36%3. Colorado Springs – 36%4. Denver – 36%5. Jacksonville… pic.twitter.com/F3mGea53MK — Nick Gerli (@nickgerli1) June …