Things feel a bit more forgiving for house hunters as homes start selling below asking price.

Today, the housing picture feels a bit more forgiving for families. Money reported that homes are selling for 1.7 percent below asking price on average nationally. Over on r/FirstTimeHomeBuyer, people are cheering a buyer who just closed on a $170,000 house. Even as the U.S. Bureau of Economic Analysis notes the Fed is holding rates at 3.5 to 3.75 percent, determined buyers are finally finding leverage.