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Buying a Home Gets Easier in a Cooler Market—for Those Who Can Afford It
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Home prices have jumped, mortgage rates are rising fast and the economy might be heading into a recession. So Eric Lanser and Allison Manfreda decided to go house shopping.
The potent mix of challenges facing buyers has slowed the housing market, but millions of homes are still changing hands this year. Some buyers are finding that they would prefer to hunt now than deal with the bidding wars and sight-unseen purchases that defined last year’s frenzied market.
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