Home discounts hit highest level since 2012, Redfin finds

The abundance of sellers in the housing market has given buyers a major advantage, leading to record discounts, according to a new industry report.

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The average homebuyer who purchased a home below the asking price last year received a 7.9% discount, the largest since 2012, Redfin found by comparing original list prices with final sale prices. That’s a $31,592 discount on a…