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- Home prices are falling in cities that saw large growth in recent years, according to Realtor.com.
- High monthly payments have dampened buyer demand creating room for negotiation at the closing table.
- Prices are falling in pandemic boomtowns like Austin, Texas; Ogden, Utah; and Boise, Idaho.
Prospective homebuyers waiting for prices to drop have something to be excited about. Listings site Realtor.com just put out a new ranking of where home prices are falling the most, compared to a year ago.