Coronavirus Housing Market News
Housing Market Update: 9% Increase in Pending Home Sales is Slowest Growth Since June 2020
Homes are also taking longer to sell. Still, prices are up 15% from a year ago.
Miami Has Seen Migration of Homebuyers Triple Since Last Year
Three of the 10 most popular migration destinations in July were in the Sunshine State, which faces high risk from storms and rising sea levels.
Housing Market Update: Median Home Price Up 16% From 2020
Homebuying demand has softened somewhat and the share of home sellers dropping their price each week rose to 5.1%, but pending sales are still 10% above this time last year.
Housing Market Update: 5% of Home Sellers Dropped Their Price in Recent Weeks
As demand eases and sellers adjust their price expectations, the housing market is slowly aligning to typical seasonal patterns.
Demand for Vacation Homes Fell for Second Consecutive Month in July
Primary residence mortgage locks fell for the first time in over two years. Demand for second homes fell 21% year over year in July, the
Homebuyer Bidding-War Rate Drops to Lowest Level Since January
60% of offers written by Redfin agents faced competition in July, down from 67% in June. Competition is still more intense than it was a
Housing Market Update: 9% Increase in Pending Home Sales is Slowest Growth Since June 2020
Homes are also taking longer to sell. Still, prices are up 15% from a year ago.
Miami Has Seen Migration of Homebuyers Triple Since Last Year
Three of the 10 most popular migration destinations in July were in the Sunshine State, which faces high risk from storms and rising sea levels.
Housing Market Update: Median Home Price Up 16% From 2020
Homebuying demand has softened somewhat and the share of home sellers dropping their price each week rose to 5.1%, but pending sales are still 10% above this time last year.
Housing Market Update: 5% of Home Sellers Dropped Their Price in Recent Weeks
As demand eases and sellers adjust their price expectations, the housing market is slowly aligning to typical seasonal patterns.
Demand for Vacation Homes Fell for Second Consecutive Month in July
Primary residence mortgage locks fell for the first time in over two years. Demand for second homes fell 21% year over year in July, the
Homebuyer Bidding-War Rate Drops to Lowest Level Since January
60% of offers written by Redfin agents faced competition in July, down from 67% in June. Competition is still more intense than it was a