Coronavirus Housing Market News
Housing Market Update: Home Prices Up 13%, Pending Sales Rise 38%
Even in the midst of winter, the market is still very competitive, with prices up 13%, and pending sales up 38%.
Housing Market Update: Home Prices Up 14%, Pending Sales Rise 34%
Housing market update for December 20: Home prices are still rising, even as some seasonal winter slowdowns proceed.
Luxury Home Sales Surge a Record 61%, Quadrupling Pre-Pandemic Growth as America’s Wealthiest Homebuyers Reap Gains of Uneven Economic Recovery
Sales of luxury homes significantly outpaced the 7% growth in sales of affordable homes this fall, as affluent Americans were more likely to have the means and the flexibility to move during the coronavirus pandemic. U.S. luxury home sales surged 60.7% year over year during the three months ending Nov. 30, the biggest jump since
iBuyer Home Purchases Were Down Nearly 80% Year Over Year In the Third Quarter
As the housing market heated up this summer, selling to an iBuyer became a less attractive option for many profit-minded homeowners. The nation’s top iBuyers purchased about 1,800 homes in the third quarter, or 0.2% of homes that sold across the 418 U.S. metros tracked by Redfin. That’s down nearly 80% from a year earlier,
Housing Market Update: Home Prices Up 15%, Pending Sales Rise 32%
The housing market is still experiencing only a very mild cooldown as home prices and sales both posted strong gains.
54% of Redfin Home Offers Faced Bidding Wars in November
Competition dipped slightly ahead of the holidays, but remained above 50% for the seventh-straight month amid record-low mortgage rates and relocations. Nationwide, 53.6% of home offers written by Redfin agents faced competition in November. While that’s down from a revised rate of 58.5% in October, it represents the seventh-straight month in which more than half
Housing Market Update: Home Prices Up 13%, Pending Sales Rise 38%
Even in the midst of winter, the market is still very competitive, with prices up 13%, and pending sales up 38%.
Housing Market Update: Home Prices Up 14%, Pending Sales Rise 34%
Housing market update for December 20: Home prices are still rising, even as some seasonal winter slowdowns proceed.
Luxury Home Sales Surge a Record 61%, Quadrupling Pre-Pandemic Growth as America’s Wealthiest Homebuyers Reap Gains of Uneven Economic Recovery
Sales of luxury homes significantly outpaced the 7% growth in sales of affordable homes this fall, as affluent Americans were more likely to have the means and the flexibility to move during the coronavirus pandemic. U.S. luxury home sales surged 60.7% year over year during the three months ending Nov. 30, the biggest jump since
iBuyer Home Purchases Were Down Nearly 80% Year Over Year In the Third Quarter
As the housing market heated up this summer, selling to an iBuyer became a less attractive option for many profit-minded homeowners. The nation’s top iBuyers purchased about 1,800 homes in the third quarter, or 0.2% of homes that sold across the 418 U.S. metros tracked by Redfin. That’s down nearly 80% from a year earlier,
Housing Market Update: Home Prices Up 15%, Pending Sales Rise 32%
The housing market is still experiencing only a very mild cooldown as home prices and sales both posted strong gains.
54% of Redfin Home Offers Faced Bidding Wars in November
Competition dipped slightly ahead of the holidays, but remained above 50% for the seventh-straight month amid record-low mortgage rates and relocations. Nationwide, 53.6% of home offers written by Redfin agents faced competition in November. While that’s down from a revised rate of 58.5% in October, it represents the seventh-straight month in which more than half
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