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November 2021 U.S. Real Estate News Recap

+ Homebuyers can breathe a little easier as listing prices for homes in 40% of the country’s largest metro areas have dropped from a year ago.

+ Customers are upset as Zillow cancels hundreds of contracts to purchase homes through Zillow Offers, putting many home sellers in a bind.

+ The Omicron variant is unlikely to cause a slowdown in real estate — unless consumer confidence erodes and buyers shy away from purchasing homes.

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