The U.S. housing sector is finally cooling off. For those looking to buy, there are homes in several parts of the country that are on sale right now, according to new data.
Sellers slashed home prices in June in areas that saw red-hot price appreciation earlier in the pandemic, including Reno, Nev., Austin, Texas, and Boise, Idaho, according to Realtor.com. With more homebuyers pulling back amid higher mortgage rates and recession fears, sellers are reacting to the decline in demand.
Realtor.com looked at the 200 largest metro areas in the U.S. and calculated which ones had the highest percentage of