Nearly Half of Home Sellers Gave Concessions to Buyers in May, Report Says
(6/26/26) In yet another example of how the housing market in many metros has flipped to a buyer’s market, Redfin recently reported that nearly half (46%) of U.S. home sellers gave concessions to buyers in May – the highest May share in Redfin’s records. Seller concessions are at a record high due to mortgage rates and home prices remaining historically high and buyer concerns about the economy, inflation and job security. And, since demand has been lackluster, listings ha
