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Homebuyer competition is fading fast in these key places across the country. Chamomile_Olya / Shutterstock.com
Home sales are falling fast, causing bidding wars to disappear just as quickly, according to newly released findings from real estate brokerage firm Redfin. In November, pending home sales had plunged by 35.1% year over year on a seasonally adjusted basis. That is the biggest drop in Redfin records, which date back to 2012. Bidding wars also are on the wane. The share of home offers written by…
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