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Redfin Reports High Mortgage Rates Mean Smaller Homes For Many Buyers

Rising rates, combined with home prices that are still higher than they were a year ago, have cut more than 400 square feet out of homes affordable to a San Diego buyer on a $3,000-per-month budget SEATTLE–(BUSINESS WIRE)– (NASDAQ: RDFN) — A San Diego homebuyer with a $3,000 monthly budget can afford a 931-square-foot home… […]