According to Redfin, nearly half of U.S. residents who moved in the last year believe the frequency of weather events will likely impact home values in their area within the next 10 years.
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Redfin agents report millennials looking to relocate tend to be young remote workers who are moving to Miami for affordability and sunshine.
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The number of homes sold categorized as the most affordable jumped 13% last quarter on a year-over-year basis.
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Bidding battles are still frequent but slowing, and buyers have even started including appraisal contingencies and requesting repairs again.
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