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12% of home sales fall through due to low appraisals

12% of home sales fall through due to low appraisals
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Low inventory continues to limit home sales, drive prices up

Detached single-family home sales decreased 12.8% in October 2021 compared to October 2020, according to statistics released today by the Mainstreet Organization of REALTORS® (Mainstreet). Attached home sales dropped 10.9% during the same period. ....

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