Homebuyers hoping for better deals as prices drop are getting slammed as average payments just hit a record high

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A house with a for sale sign in the front.
The typical US homebuyer's mortgage payment hit a record high in April, according to Redfin.

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Home prices see largest decline since 2012 as banking crisis hits demand: 'There's this fear that everything will crash'

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Couple looking at residential house
Homeowners insurance ensures you're covered in the event you undergo a home-related loss.

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Sorry, homebuyers. Houses aren't getting cheaper.

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A for sale home sign
New home sales fell 19% year-over-year in February, according to the US Census Bureau. But homes are still expensive.

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The typical home for sale in the US has had its price cut, been on the market for months, and comes with at least one sweetener for buyers

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Home for sale sign

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Homebuyers have a better shot at scoring a house in 10 cities where the number of properties for sale has skyrocketed the most

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Seattle, Washington
Seattle is one of the cities in the US that's seen the biggest increase in the number of homes for sale since last year.

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