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Archive: https://archive.today/cwfWw

From the post:

>The once red-hot US housing market is undergoing a dramatic reversal — and for the first time in years it's buyers who hold the upper hand. Nearly 2 million homes are for sale across the country, but only about 1.5 million active homebuyers are looking. That 500,000 gap marks the largest imbalance ever recorded, according to the real estate firm Redfin. At the same time the total value of homes on the market has hit a record-shattering $698 billion, up more than 20 percent from this time last year.

Archive: https://archive.today/cwfWw From the post: >>The once red-hot US housing market is undergoing a dramatic reversal — and for the first time in years it's buyers who hold the upper hand. Nearly 2 million homes are for sale across the country, but only about 1.5 million active homebuyers are looking. That 500,000 gap marks the largest imbalance ever recorded, according to the real estate firm Redfin. At the same time the total value of homes on the market has hit a record-shattering $698 billion, up more than 20 percent from this time last year.

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[–] 1 pt

Most of what I am reading is that prices should be dropping around September, depending on where you are.