5 Cities With The Best Housing Deals
It's a buyers' market in these five cities.
The Washington Post's Michele Lerner presents the findings of the first National Knock Deals Forecast from Knock, a home trade-in company that assists repeat home buyers by purchasing their new home and then selling their current home. The research found that 62% of homes in the top 45 largest metro areas sold for an amount below their original list prices this year.
The five markets where buyers found the most discounts were Miami, New Orleans, Chicago, Houston and Tampa. While the average discount from list price to sales price was 1.4% nationally, in Miami the discount was 4.4%.
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