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A separate analysis of housing data by Redfin found that 14.6% of all pending sales in May fell out of contract, up from 14% ...

Just 28% of homes are selling above asking price, the lowest share for springtime since 2020, according to Redfin.

Venmo is a peer-to-peer, or P2P, money transfer app, similar to Cash App, Zelle and PayPal. It has two fees that can be avoided.

Home sale prices are at a record high, but buyers are nevertheless paying below sellers' asking prices, research shows.