Who was it that said homes would drop by amount and not percentage (i.e. prices may drop $100k accross all homes, rather than 40% of total price)?
Year to date, asking prices are down about $50k in the lowest 25th percentile, the median (50th percentile) and upper 75th percentile according to HousingTracker.
It sure looks like homes are dropping by price rather than percentage. At least so far. Good call, whoever you were.
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