Homebuyers are getting the largest discount in 2 years as sellers accept offers below asking price—here’s where the biggest markdowns are

For Sale sign in front of townhomes. (Credit: ohn Keeble—Getty Images)

• Home prices are seeing the biggest discount in two years, and homes are sitting on the market longer. That signals the housing market is tilting in favor of buyers as the critical spring selling season is about to begin. 

Housing prices may have been listed too aggressively, as sellers settle for offers below what they initially sought.