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ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.
Townhouses were more likely to receive multiple bids.
14.9% of home sellers decreased their asking price, up from 9.1% a year ago
Homebuyers in nearly every part of the country have felt the impact of surging home prices since the start of the pandemic, but none like those in the Sun Belt states.
There's a silver lining for homebuyers -- fewer competitive bids
Redfin says the houses being purchased are smaller by 31 square feet.
