Denver led the nation in price cuts on for-sale listings in June, signaling that sellers are getting nervous and buyers hold the upper hand.
By the numbers: A Zillow analysis found 38% of real estate listings in the metro area reduced their prices, well above the national average of almost 27%. Both numbers set new records for the month.
What they’re saying: “The gap between buyers and sellers is shrinking. This is a healthy rebalancing,” wrote Zillow senior economist Orphe Divounguy…