Redfin

by Tim Ellis and Taylor Marr | Redfin.Com Troy Warren for CNT Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less competition. The U.S. housing market lost more steam as summer began, with pending sales continuing their slide and the number of homes for sale slowly growing. Google trends also revealed a continued decline in online house hunting, with searches for “Real Estate” dipping below 2019 levels (-4.5%) for the first time this year. Mortgage purchase applications fell dramatically week over week (-5%) to their lowest level since…