Coronavirus Housing Market News
Homebuyer Competition Drops to Lowest Level in Nearly a Year in November
59.5% of Redfin home offers faced bidding wars in November, the first time the competition rate was below 60% since December 2020. In November, 59.5%
Vacation-Home Demand Rose 83% Above Pre-Pandemic Levels in November
Interest in second homes remains strong as buyers race to lock in low mortgage rates and employers introduce permanent rules for remote work. In November,
Florida Frenzy: America’s Hottest Neighborhoods of 2022
Eight of the places on the annual top 10 list are in Florida, which is luring scores of house hunters in search of sunshine, low
Housing Market Update: Home Prices Approach All-Time High
The number of homes for sale fell to an all-time low, down 25% from a year earlier.
Housing Market Update: Prices Hit Record High as Supply Hits Record Low
However, homebuying demand may be slowing down as winter approaches.
2 in 5 Real Estate Agents Say Pocket Listings Are Becoming More Common
Pocket listings—homes sold without being marketed publicly—have become more common since 2019, according to a survey of agents. 2.3% of homes listed in the third
Homebuyer Competition Drops to Lowest Level in Nearly a Year in November
59.5% of Redfin home offers faced bidding wars in November, the first time the competition rate was below 60% since December 2020. In November, 59.5%
Vacation-Home Demand Rose 83% Above Pre-Pandemic Levels in November
Interest in second homes remains strong as buyers race to lock in low mortgage rates and employers introduce permanent rules for remote work. In November,
Florida Frenzy: America’s Hottest Neighborhoods of 2022
Eight of the places on the annual top 10 list are in Florida, which is luring scores of house hunters in search of sunshine, low
Housing Market Update: Home Prices Approach All-Time High
The number of homes for sale fell to an all-time low, down 25% from a year earlier.
Housing Market Update: Prices Hit Record High as Supply Hits Record Low
However, homebuying demand may be slowing down as winter approaches.
2 in 5 Real Estate Agents Say Pocket Listings Are Becoming More Common
Pocket listings—homes sold without being marketed publicly—have become more common since 2019, according to a survey of agents. 2.3% of homes listed in the third