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The 5 Housing Markets Most Likely to Fall

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The 5 Housing Markets Most Likely to Fall, By Chris Kissell . Data from Redfin shows that the number of sellers lowering their prices is ticking up. As mortgage rates approach 5% — and appear likely to climb higher — home prices may moderate soon. Recently, CoreLogic noted that a handful of markets appear to be headed for a likely price decline. Lake Havasu City-Kingman, Arizona, Likelihood of a price decline: High (50% to 75% probability). Prescott, Arizona, Likelihood of a price decline: High (50% to 75% probability). Bridgeport-Stamford-Norwalk, Connecticut, Likelihood of a price decline: Moderate (25% to 50% probability). Urban Honolulu, Hawaii, Likelihood of a price decline: Moderate (25% to 50% probability). Hartford-West Hartford-East Hartford, Connecticut, Likelihood of a price decline: Moderate (25% to 50% probability)

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