A closer look at “1 in 3 Home Sellers Slashed Asking Prices in This U.S. City in September”, exactly as the source publishes it. In a sign of shifting market power, one in three home sellers in a major U.S. city cut their asking price in September, according to new real estate data. The trend reflects a broader cooldown as hesitant buyers, squeezed by high mortgage rates and affordability challenges, pull back from the market.
Sellers are increasingly forced to adjust expectations to attract offers, with some metro areas seeing price reductions on more than a third of active listings. The data highlights the cities with the highest share of price cuts and the largest markdowns in dollar terms, offering a clear view of where the housing market is softening fastest. For buyers, the shift may signal emerging negotiating power, though elevated borrowing costs continue to limit purchasing ability. This listing links straight to the original page, where the content is available in full.