Nearly Half of U.S. Home Sellers Are Offering Buyer Concessions

Nearly Half of U.S. Home Sellers Are Offering Buyer Concessions

Nearly half of U.S. home sellers gave concessions to buyers in the first quarter of 2025, as rising housing costs, high interest rates, and a growing supply of homes have made buyers more cautious, according to a new report from Redfin. The technology-driven real estate broker reported that 44.4 percent of home-sale transactions included a concession—such as funds for repairs, closing costs, or mortgage-rate buydowns—up from 39.3 percent a year …

Concessions Near Record Levels as Sellers Attempt to Woo Buyers - The MortgagePoint

"Buyers used to ask for concessions to cover little things like repairs,” said Portland, Oregon-based Redfin Premier real estate agent Chaley McVay. “Now they’re negotiating concessions so they can afford to buy a home. A lot of sellers are offering money for mortgage-rate buydowns.”

Nearly half of home sellers are offering concessions

U.S. home sellers offered concessions to buyers in near-record numbers during the first quarter of 2025 as rising housing costs, high mortgage rates and growing economic uncertainty continued to reshape the real estate landscape. According to a new report from Redfin, 44.4% of home sales from January through March included concessions such as money toward repairs, closing costs or mortgage rate buydowns. That’s up from 39.3% a year ago and close…

44% of Home Sellers Are Giving Concessions to Buyers—Just Shy of the Highest Level on Record

Redfin reports more sellers are offering concessions as rising housing costs and economic uncertainty make buyers nervous, and housing supply hits a five-year high SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Home sellers gave concessions to buyers in 4... L'articolo 44% of Home Sellers Are Giving Concessions to Buyers—Just Shy of the Highest Level on Record è un contenuto originale di 01net.

44.4% of Q1 Home Sales Included Seller Concessions

During the first quarter of this year, 44.4% of home sale transactions involved seller concessions to buyers, according to data from Redfin.