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PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
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State: 17.08.2024 | 11PM
Thu, 12.09.2024       Zillow Group
US98954M1018

Competition among buyers is likely to extend into the fall thanks to improved affordability

Monthly mortgage payments have fallen by more than $100 nationwide since peaking in May.Price cuts ticked down in August but are still common, landing on more than 1 in 4 listings.Competition is stiff for attractive listings, with more than one-third of homes selling for over asking price.

SEATTLE, Sept. 12, 2024 /PRNewswire/ -- Lower mortgage rates and rising inventory are giving home buyers a window of opportunity at an unusual time of year, according to the latest market report1 from Zillow®. Affordability has improved substantially for home buyers, and competition among them could extend into the fall instead of fading away as is typical at this time of year.

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