Jobsity in “As housing cools, some buyers get a second chance to grab their first choice”

After nearly three months and looking at 24 houses, Kevin Lowrie and Matthew Hambleton thought they had found their forever home.

They discovered a quaint two-bedroom, 1½-bathroom house in suburban Philadelphia. The couple, one a health care worker and the other a retail banker, made what they considered a high offer, only to be outbid by an all-cash deal $70,000 higher than their offer.

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