According to The Kobeissi Letter, 44.4% of US home sellers provided concessions to buyers in March 2025, nearing the highest level on record. This figure has climbed by approximately 10 percentage points since July 2024 and has doubled compared to June 2022, indicating increased buyer leverage and potential downward pressure on real estate prices. Notably, Seattle leads major cities, with 71.3% of sellers offering concessions, suggesting regional volatility and heightened trading opportunities for real estate investors and REIT market participants. These trends may signal shifting market dynamics that traders should monitor closely for portfolio allocation and risk assessment (source: The Kobeissi Letter, April 29, 2025).