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Home sellers are lowering prices and helping buyers close deals in a stagnant housing market. PBS NewsHour reported the trend is a sharp turn from earlier this decade, when sellers often received well above asking price. The shift follows a period when rock-bottom mortgage rates fueled a buying frenzy that drove prices sharply higher.

Sources:PBS NewsHour

1 outlet · 1 article · first seen Oct 25, 5:19 PM ET

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