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Affordability

Inventory Inches Up as New Listings Soften

"October had some encouraging signs—especially compared to a year ago," said Nick Bailey, President and CEO of RE/MAX. "Given the interest rate environment, it was good to see the trend of monthly inventory gains continuing, and prices appear to be stabilizing for the moment.”

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Concessions Drawing in More Renters

According to a new Zillow report, as renter demand heightens, there is a corresponding nationwide increase in concessions, with more landlords and property managers offering perks to entice potential tenants.

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