Tuesday, 9 August 2022 | The Latest Buzz for the Appraisal Industry

Redfin Finds Balance Slowly Returning to Housing Market

After months of tipping heavily in sellers’ favor, the scales of the housing market are finally balancing out, according to a new report from Redfin. Soaring housing costs caused many house hunters to drop out in recent months, which is now providing some relief for buyers who remain. Current buyers are seeing the housing shortage ease, price growth slow, competition decline and mortgage rates drop from their 2022 high. The share of sellers slashing



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