housing market tracker
Nationally, just 11 percent of Redfin offers faced a bidding war in September, down from 41 percent a year earlier, but up slightly from the eight-year low of 10 percent set in August.
U.S. home-sale prices increased 2.7 percent year over year in August to a median of $312,200 across the 217 metros Redfin tracks.
Whether it happens this year, next year, or in 10 years, another recession is inevitable. Regardless of when it comes, it’s unlikely to have a large negative impact on the real estate market.