Homebuyers Benefit from Record Price Cuts Amid Seller Discounts

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Source: NewsNation
Homebuyers Benefit from Record Price Cuts Amid Seller Discounts
Photo: NewsNation
TL;DR Summary

Home buyers in the US are benefiting from record-level price reductions, with the typical listing seeing around $25,000 in cuts in October, especially in expensive markets like Los Angeles and New York, as the housing market rebalances and homes take longer to sell.

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