Redfin reports pending home sales slide, but there are bright spots: buyers have bargaining power, starter-home sales improving

Seattle--(business wire)--pending u.s. home sales fell roughly 1% from a year earlier during the four weeks ending september 28, the biggest decline in nearly five months, according to a new report from redfin, the real estate brokerage powered by rocket. on a local level, pending sales fell in 30 of the 50 largest u.s. metro areas, led by houston (-15.4% year over year), denver (-12.3%) and las vegas (-11.2%). there are several reasons would-be homebuyers are backing off: high home prices. the.
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