More Homes, Better Prices: A Buyer’s Summer
If you’ve thought about buying a home in the past few years, you may have run into two frustrations: asking prices that kept climbing and too few homes to choose from.In many places, both sticking points are letting up this summer, with lower asking prices and more homes for sale. Let’s look at the trends, and what they mean for your search.Sellers Are Pricing To Attract BuyersAccording to Realtor.com, the national median asking price was $430,000 in June, nearly $11,000 under what it was the year before (see graph below):That’s the eighth month in a row that the typical asking price has...