Coronavirus Housing Market News
Housing Market Update: 55% of Homes Under Contract Within 2 Weeks, a New Record
Last week saw a surge in homebuying demand as homes sold faster than ever.
West Palm Beach Luxury Home Sales Soar a Record 116% In Fourth Quarter as Wall Street Moves South
Affluent New Yorkers are flocking to Florida in search of sunshine and lower taxes during the pandemic. It’s fueling the luxury housing markets in West
Housing Market Update: Homebuyers Undeterred by Declining Listings—Pending Sales up 32%, New Listings Down 10%
New listings of homes for sale fell 10%, the largest decline since last June.

1 in 4 U.S. Homeowners Have Lived in Their Home for Over 20 Years—The Highest Share on Record
People are staying put longer as rising home prices, a housing shortage and skyrocketing coronavirus cases—especially in senior-living facilities—make moving less attractive for some Americans.
Housing Market Update: First New-Listings Decline in 5 Months Portends a 2021 Housing Frenzy to Rival 2020
Housing Market Update: New Listings Fell 3%, Home Prices Up 14%, Pending Sales Rise 35%
Half of Redfin Home Offers Faced Bidding Wars In December as Housing Market Defied Holiday Slump
Competition tapered slightly over the holidays, but remained fierce as insufficient housing supply failed to keep up with insatiable demand boosted by record-low mortgage rates
Housing Market Update: 55% of Homes Under Contract Within 2 Weeks, a New Record
Last week saw a surge in homebuying demand as homes sold faster than ever.
West Palm Beach Luxury Home Sales Soar a Record 116% In Fourth Quarter as Wall Street Moves South
Affluent New Yorkers are flocking to Florida in search of sunshine and lower taxes during the pandemic. It’s fueling the luxury housing markets in West
Housing Market Update: Homebuyers Undeterred by Declining Listings—Pending Sales up 32%, New Listings Down 10%
New listings of homes for sale fell 10%, the largest decline since last June.

1 in 4 U.S. Homeowners Have Lived in Their Home for Over 20 Years—The Highest Share on Record
People are staying put longer as rising home prices, a housing shortage and skyrocketing coronavirus cases—especially in senior-living facilities—make moving less attractive for some Americans.
Housing Market Update: First New-Listings Decline in 5 Months Portends a 2021 Housing Frenzy to Rival 2020
Housing Market Update: New Listings Fell 3%, Home Prices Up 14%, Pending Sales Rise 35%
Half of Redfin Home Offers Faced Bidding Wars In December as Housing Market Defied Holiday Slump
Competition tapered slightly over the holidays, but remained fierce as insufficient housing supply failed to keep up with insatiable demand boosted by record-low mortgage rates