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Sellers in these places are especially likely to cut home prices to attract buyers.
Good news for homebuyers: Sellers are getting more aggressive about offering price concessions. In January, 22.8% of sellers nationwide lowered the asking price for their home, according to Zillow. That is the highest share on record for any January since the real estate platform began tracking this data in 2018. High mortgage rates have left many potential buyers struggling to afford a home…
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