NewsFox 13 News (WTVT) — All NewsOctober 25, 2026Hillsborough County
Sellers cut prices and offer cash to close deals amid stagnant housing market
Photo: Fox 13 News (WTVT) — All News
Sellers are increasingly lowering asking prices and offering money toward buyer closing costs as a stagnant housing market leaves sellers outnumbered by buyers. High mortgage rates, elevated home prices, and inflation are keeping many prospective buyers on the sidelines and delaying moves for homeowners.
Read the full story at Fox 13 News (WTVT) — All NewsWhy It Matters
Home sellers face longer market times and lower final sale prices, while prospective buyers encounter fluctuating mortgage rates and shifting negotiating leverage.
Key Facts
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Who's Mentioned
PersonRick Ganga“Shared his experience of listing a home with no offers received.”OrganizationFirst American Financial“Employer of chief economist Mark Fleming.”PersonMark Fleming“Quoted regarding the shift toward a buyers' market.”locationBlaine“Location of Rick Ganga's home.”locationMurphy“Location of Liz Suder's home.”OrganizationRealtor.com“Provided data on national median listing prices.”OrganizationRedfin“Found that sellers outnumbered buyers by about 63% across the nation's 50 larges”PersonLiz Suder“Shared her experience of lowering her home price and contributing to repairs to ”