Karthik Lyer, Author at Redfin Real Estate News
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Demand for Vacation Homes Fell for Second Consecutive Month in July

Primary residence mortgage locks fell for the first time in over two years. Demand for second homes fell 21% year over year in July, the second consecutive month of annual declines in mortgage-purchase locks. This followed 13 months of surging activity in second-home purchases. Demand for primary home purchases fell by 4% year over year

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