Home prices are at an all-time high, inventory remains low, bidding wars are common, many offers are all cash, often 10 to 20 percent over the asking price.
First-time buyers have it even rougher with approximately 68 percent saying they found the home of their dreams but were not able to purchase as they were either outbid, unable to secure financing, or the home failed the inspection
And some would-be homebuyers are giving up or, at least, taking a break.
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