Home Price Cuts at Highest Level in 5 Years as Sellers Show ‘Modesty’

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Home Price Cuts at Highest Level in 5 Years as Sellers Show ‘Modesty’

The usually hot summer housing market wilted last month, likely due to the continued heat of stubbornly high mortgage rates. And that could be great news for homebuyers. A new report by Realtor.com® found that the number of homes actively for sale in August was 36.2% higher than the year prior, marking the 10th consecutive
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