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Bankruptcies Up Nearly 20% YoY

“While still below pre-pandemic totals, bankruptcy filings continue to increase amid growing debt loads due to inflationary pressures and reduced availability of low-cost financing,” said ABI Executive Director Amy Quackenboss.

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Rising Home Prices Flatline

“As we predicted in December, the beginning of 2023 is proving to show slow market activity, as both net new listings and contract volumes are sitting at multi-year lows,” said Jermey Sicklick, Co-Founder and CEO of HouseCanary.

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Home Sellers Coming Off the Sidelines

According to a new report from Redfin, home sellers are starting to resurface to meet homebuyer demand as mortgage rates continue to decline, with new listings and pending sales posting their smallest drops in four months.

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