One more indicator of a housing market slowdown: More homes are being sold at prices below asking. That’s according to a new first-quarter report by housing investment startup Knock, Bloomberg reported. The results could also be an indicator of the cities most at risk from the market cool down. Miami led Knock’s top 10 list, with about 88 percent of single-family homes purchased after the seller lowered the price. Chicago ranked second, with 82 percent […]
source https://therealdeal.com/miami/2019/04/04/another-canary-more-homes-sell-at-below-asking-price-report-shows/#new_tab
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