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US Home Sellers Lowering Prices in 2022


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Stat: More than 40% of home sellers are cutting their prices in markets that boomed during Covid, including Salt Lake City, Sacramento, and Boise, according to Redfin. One Boise real estate agent said that the city grew so much during the pandemic that people who arrived there for peace and quiet are now leaving, because too many newcomers (like them) have ruined the rustic charm.

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