14 Hrs
Source:
USA TODAY
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Selling amid a standoff
The U.S. housing market is in a standoff, with buyers deterred by mortgage rates above 7% and sellers reluctant to cut prices; newly pending listings fell 17% in October, the lowest level for that month since 2018. Real estate experts say sellers should price competitively, make affordable repairs and be prepared to negotiate, while recognizing that homes may take longer to sell.
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