In a Market Correction, Sellers Face a Dilemma: Lower Prices or Wait for Buyers to Bite

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In a Market Correction, Sellers Face a Dilemma: Lower Prices or Wait for Buyers to Bite

Selling a home during the mid-pandemic buying frenzy meant capitalizing on toe-to-toe competition and record home price appreciation, but as the housing market cools and would-be buyers retreat, sellers are struggling to offload their homes. The median national list price fell from an all-time high of $449,000 in June to $417,000 in November, while the
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