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Are We Hitting Rock Bottom? Home Sales Experience Worst Drop in Over a Decade?

Diving deep into the latest National Association of Realtors (NAR) report which reveals a shocking 13-year low in existing home sales this September. With mortgage rates on the rise, inventories drying up, and home prices still increasing, what does this mean for potential homebuyers and the real estate market at large? John Schink of Deerwood Realty delves into the numbers and offers expert insights for navigating these challenging waters.

#RealEstateTrends #MortgageRates #HousingMarketUpdate

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