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Affordability, remote work constraints, and shifting destination preferences contribute to the decline in homebuyers' relocations.
Housing market struggles with affordability as home ownership costs remain high.
Redfin's Home Price Index shows slower price increases in November.
Buyer and seller uncertainty continues to shape market as mortgage rates dip.
But 2024 offers hope.
Home prices will fall, new listings rise, and mortgage rates will stay above 6%.