Home sellers in Seattle and Tacoma are cutting asking prices at some of the fastest rates in the country, another sign that the balance of power in the Puget Sound housing market is shifting toward buyers.
A new analysis from real estate portal Movoto by Lower found that Tacoma ranked No. 1 and Seattle No. 2 among 17 major U.S. markets for the share of active home listings that received a price cut during the previous 30 days.
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