These are the 10 cities seeing the most price cuts for homes
These are the 10 cities seeing the most price cuts for homes
Abstract
Boise, Idaho, took the lead in June, with 61.5% of sellers cutting their asking prices, according to a new report. Boise was one of the hotter pandemic markets, as the work-from-anywhere culture prompted thousands of people to flee pricier markets like San Francisco and Los Angeles. Nationwide, home prices are up about 39% from March 2020. For a household with a $75,000 income, only 23% of homes on the market. Only 23 percent of homes in the market is affordable today.
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