Homes sell even faster as dwindling supply and rapidly rising mortgage rates fuel fierce competition. Housing prices jumped the most since summer—up 17% year over
Bidding wars are intensifying at a slower pace than they were at the start of the pandemic. Nationwide, 68.6% of home offers written by Redfin
Today’s house hunters have half as many homes to choose from after surging demand driven by remote work and low mortgage rates intensified the housing
That’s nearly double the pre-pandemic share. The biggest jump was in Anaheim, where 55% of homes were worth $1 million or more in February, up
70% of home offers written by Redfin agents faced competition in January, up from roughly 60% a year earlier and the highest share in Redfin’s
Redfin economists predict mortgage rates will hit 3.9% by the end of the year. At that level, homebuyers could afford a $382,250 home on $2,000
Homes sell even faster as dwindling supply and rapidly rising mortgage rates fuel fierce competition. Housing prices jumped the most since summer—up 17% year over
Bidding wars are intensifying at a slower pace than they were at the start of the pandemic. Nationwide, 68.6% of home offers written by Redfin
Today’s house hunters have half as many homes to choose from after surging demand driven by remote work and low mortgage rates intensified the housing
That’s nearly double the pre-pandemic share. The biggest jump was in Anaheim, where 55% of homes were worth $1 million or more in February, up
70% of home offers written by Redfin agents faced competition in January, up from roughly 60% a year earlier and the highest share in Redfin’s
Redfin economists predict mortgage rates will hit 3.9% by the end of the year. At that level, homebuyers could afford a $382,250 home on $2,000