{"id":18219,"date":"2013-09-17T05:50:25","date_gmt":"2013-09-17T12:50:25","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=18219"},"modified":"2020-10-06T12:59:53","modified_gmt":"2020-10-06T19:59:53","slug":"summer-prices-cool-as-we-head-into-fall","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/summer-prices-cool-as-we-head-into-fall\/","title":{"rendered":"Summer Prices Cool as We Head Into Fall"},"content":{"rendered":"<p>Each month, Redfin takes a look at home price trends throughout 19 key US markets. This month shows the rapid rise in home prices and sales volume during much of 2013 has now shifted course. Low mortgage rates and strong pent-up demand had buyers flooding into the market, but now both buyers and sellers are facing challenges. Buyer demand has been curbed by higher mortgage rates, higher prices over the last year, and limited inventory. At the same time, many sellers are no longer able to command full list price for their homes.<br \/>\nThis month we&#8217;re taking a closer look at <a href=\"https:\/\/redfin.com\/research\/reports\/real-time-price-tracker\/2013\/fall-at-the-end-of-summer.html\">sellers dropping prices on homes for sale<\/a>. Sellers have increasingly resorted to dropping their list prices in the face of this softening housing market.<br \/>\n<a href=\"https:\/\/redfin.com\/research\/reports\/real-time-price-tracker\/2013\/fall-at-the-end-of-summer.html\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2013\/09\/home-price-drops-percent-of-listings.png\" alt=\"home-price-drops-percent-of-listings\" width=\"698\" height=\"431\" class=\"alignright size-full wp-image-16571\" \/><\/a><br \/>\nCheck out the full <a href=\"https:\/\/redfin.com\/research\/reports\/real-time-price-tracker\/2013\/fall-at-the-end-of-summer.html\">Price Tracker Report in the Redfin Research Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each month, Redfin takes a look at home price trends throughout 19 key US markets. This month shows the rapid rise in home prices and sales volume during much of 2013 has now shifted course. Low mortgage rates and strong pent-up demand had buyers flooding into the market, but now both buyers and sellers are [&hellip;]<\/p>\n","protected":false},"author":13515,"featured_media":18223,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8,22],"tags":[],"coauthors":[],"class_list":["post-18219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","category-market-tracker"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Summer Prices Cool as We Head Into Fall - Redfin Real Estate News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/summer-prices-cool-as-we-head-into-fall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Summer Prices Cool as We Head Into Fall\" \/>\n<meta property=\"og:description\" content=\"Each month, Redfin takes a look at home price trends throughout 19 key US markets. This month shows the rapid rise in home prices and sales volume during much of 2013 has now shifted course. 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