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Are you noticing local property prices softening due to inflation?

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Lachezar_B
Joined:
06.03.2025
Posts: 645
Topic Starter
27.06.2025 13:20
I've been keeping an eye on the housing market in my area for the last few months, and it feels like things are finally starting to cool down. With inflation hitting our daily expenses so hard, I'm curious if other homeowners are seeing potential buyers back out or if sellers are finally dropping their asking prices. It seems like the cost of borrowing has made people much more cautious about taking on a mortgage right now. Has anyone here had experience listing or buying a home lately? I'm trying to figure out if this is just a temporary dip or if we are heading toward a broader correction in local real estate values.
13 replies in this topic
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vesko_55
Joined:
11.12.2024
Posts: 431
08.07.2025 12:40
Definitely noticing it here in the suburbs. Homes that would have sold in a weekend a year ago are now sitting for weeks with price cuts.
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SamoPitam
Joined:
31.10.2021
Posts: 1842
03.08.2025 00:39
In reply to a previous post
I agree with you. I'm seeing the same trend in my neighborhood, though I think it's mostly due to the interest rates rather than just inflation.
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Brayan_Z
Joined:
31.07.2020
Posts: 2019
20.08.2025 06:12
It's definitely cooling down. I've seen at least five 'price reduced' signs on my street alone this month.
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Oliviya_T
Joined:
06.05.2023
Posts: 2022
09.10.2025 04:03
In reply to a previous post
Same here. People aren't bidding way over asking price anymore because the mortgage payments are just too high at these rates.
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Zhivko_D
Joined:
11.04.2023
Posts: 2140
19.10.2025 03:23
I listed my house three weeks ago and have had zero offers. It's a tough market for sellers right now for sure.
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krisi_r
Joined:
16.02.2024
Posts: 2177
23.10.2025 17:17
In reply to a previous post
Have you considered lowering the price slightly? I think buyers are waiting for a bargain given the current economic climate.
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Fabi_W
Joined:
24.11.2022
Posts: 151
27.11.2025 00:55
Actually, in my city, prices are still holding steady. It seems like inventory is so low that even with high rates, there's no downward pressure yet.
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anonimen_bg
Joined:
16.09.2021
Posts: 954
05.01.2026 15:06
In reply to a previous post
That's an interesting point. I think it really depends on your specific region and the local job market.
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Alisa_K
Joined:
04.11.2021
Posts: 177
10.02.2026 12:41
I don't think this is just a temporary dip. I think we're seeing the start of a major correction after years of irrational growth.
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vulk_samotnik
Joined:
04.10.2021
Posts: 1435
11.02.2026 04:36
In reply to a previous post
I hope you're right. As a first-time buyer, I've been priced out for so long that I'm actually happy to see things softening.
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Lori_N
Joined:
06.06.2025
Posts: 1687
11.03.2026 08:02
In reply to a previous post
Don't get your hopes up too high. Sellers still have a lot of equity and aren't in a rush to sell for a loss unless they absolutely have to.
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iztrit_potrebitel
Joined:
26.11.2021
Posts: 1061
14.03.2026 15:37
Just bought a place last month. I managed to get the seller to cover closing costs, which would have been impossible a year ago.
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Milos_S
Joined:
09.08.2021
Posts: 20
23.03.2026 04:30
In reply to a previous post
That's a great win! It really shows the power shift moving back toward the buyers in this current environment.

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