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Mortgage rates dropping from over 7% to 6.6% this week means homebuyers have more money available.
Redfin says the increases in income needed to afford a median-priced home are especially high in Florida.
CEO says company will sell RedfinNow inventory of homes by Q2 2023.
CEO says iBuying business will lose up to $26 million this year.
Twenty-nine percent of U.S. single-family homes for sale in the third quarter were new construction — a record high.
Report also shows where people want to get out of
