Looking to buy a home in the Bay Area?The odds of scoring a deal could be tipping in your favor.For the first time in over a decade, homes in the region are selling, on average, for less than the asking prices, according to data from real estate brokerage Redfin.The milestone reflects a slowdown in the Bay Area's notoriously scorching housing market as rising mortgage rates squeeze out many would-be buyers and hammer prices.
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