Slowing home appreciation may help buyers
When Jason and Laura Bennett bought their home two years ago, the housing market was among the hottest in the nation. Would-be buyers made offers as soon as “For Sale” signs went up, then bid even higher in the frenzy to close the deal.
Less than two months after the couple listed their two-bedroom, two-bath condo, they’ve had to slash the high-end of their asking price by $10,000 to keep up with other sellers in the same complex who have dialed back prices in hopes of hooking a buyer.