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Local Market Update – November 2022

If you're a seller waiting for a huge bidding war, that simply is not the common case anymore according to the November Local Market Update. Since April, prices have dropped 22% in response to rapidly rising interest rates squeezing buyers' budgets. While prices may have taken a hit, it is creating similar mortgage payments for buyers today to those who bought back in April. Read the full report for all the details at the link below


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