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How can buyers find value when home prices are softening now?
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Answer
Buyers can find value by getting pre-approved and targeting homes on the market over thirty days, which often accept one to three percent below asking price. Tracking listings with documented price cuts doubles the chance sellers negotiate concessions. Considering condos, small homes, modular builds, or ADU-friendly properties can reduce entry costs by ten to twenty percent compared to new builds. Planning a refinance in case rates drop also helps lower costs further.