It appears that the red-hot housing market may finally be cooling. Data from Redfin shows that the number of sellers lowering their prices is ticking up. As mortgage rates approach 5% — and appear likely to climb higher — home prices may moderate soon. In some markets, they might actually decline. Recently, CoreLogic noted that a handful of markets appear to be headed for a likely price decline.
from Money Talks News https://ift.tt/HLr4eC6
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