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While the settlement's silver lining is that homes are expected to become more affordable, many uncertainties loom over the housing market.
Redfin's Home Price Index saw prices rise 0.6% in February.
Report from Redfin shows largest annual gain in almost three years
Mortgage rates remain high, but buyers are wading into the market
As the November 2024 Election approaches, more than half of homeowners and renters say housing affordability is impacting who they plan to vote for in the upcoming presidential election.
Despite challenges, experts anticipate a potential decline in final sale prices as price growth slows.