redfin
Bidding wars fall to lowest level since April 2020
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Sellers lose the upper hand as mortgage rates rise
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Homes now selling below asking price
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Home sales drop to lowest level since mid-2020
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Homebuyer competition falls to lowest level since start of pandemic
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Mortgage rates fall to four-month low as buyers return to market
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Housing prices begin to fall from June’s record-breaking peak
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Record share of homebuyers relocating to more affordable areas
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Home supply is up for first time in three years
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22% of Atlanta home-purchase agreements fell through in June
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