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Questions? Let's Talk: 877.762.4375
Previously owned home contracts decreased in October to the surprise of many economists. October was the fifth consecutive month that contracts dropped while borrowing costs increased. According to the National Association of Realtors, pending home sales fell 0.6% while prices and mortgage rates increased due to low inventory. Economists suggest that we may be leveling out from the spike in contracts earlier in the year. More here
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