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Redfin Reveals The Real Estate 'Lock In' Effect Is Easing, That Means More Inventory Is Coming -- Will Prices Come Down Soon?

By Yahoo! Finance   |   Aug 30, 2024 at 08:27 AM EST
Redfin Reveals The Real Estate 'Lock In' Effect Is Easing, That Means More Inventory Is Coming  --  Will Prices Come Down Soon?

A recent Redfin report shows a decline in homeowners with interest rates below 6%, impacting the housing market. The easing of the "lock-in effect" may lead to increased inventory, but not necessarily lower prices.

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