Property owners in markets that boomed when the actual estate sector was purple-very hot during the COVID-19 pandemic are now pressured to slash price ranges owing to dwindling demand, according to info launched Monday by Redfin. Salt Lake Metropolis is amongst the most overheated marketplaces.Getty Photos Across the US, 21{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of home sellers dropped their asking rates in July – the best share because Redfin started tracking the metric in 2012, according to the company. The shares of properties with value drops in July in comparison to a single 12 months back improved in 94 of 97 metro areas surveyed. The trend was at its worst in “pandemic house-acquiring boomtowns”…