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Redfin report also shows year-over-year improvement.
Bidding wars have returned in some markets, but there's still a long way to go.
Affordability kept overall numbers of homebuyers down in the quarter, Redfin says.
Redfin says increases in home searches & tours translate into purchases.
Redfin: Falling rates, signs that inflation is improving bringing buyers back to the market.
Redfin report finds that areas with the biggest pending sales declines were pandemic homebuying hotspots.