Memphis buyers are getting more power again because it takes 84 days for homes to sell

The Memphis housing market shifted further into buyer-favorable territory this week, with 45.2% of active listings receiving price reductions while homes spent an average of 84 days on the market. The metro’s 4,455 active single-family home listings represent a 17.6% increase over the same period last year, creating the region’s strongest bargaining power for buyers […]