The most recent data comes mere months after a report by Moody's Analytics found that some real estate within the Texas Triangle was overvalued by as much as 60%.by online broker Redfin, 44% of homes on the market in the San Antonio-New Braunfels metro underwent a cut in asking price in July. That's nearly double the percentage of homes with price cuts during July 2021.
Nationally, the markets Moody once reported as being among the most overvalued are among those experiencing the most significant percentage of price cuts,
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