Home values in the second quarter continued to surge amid housing shortages and high buyer demand. But these dynamics may not last into next year. https://t.co/yXpyoEr2Nv
The housing market is like a car speeding on the freeway that recently let up on the gas. It’s moving really fast, but it’s also slowing. Both things are true at the same time. I find some fixate only on slowing or only on moving fast. My advice? Pay attention to both.
Homeowners in the Portland area can now sell their home by requesting a cash offer directly from Redfin, skipping any stress and uncertainty of a traditional sale. #ibuyer
Indianapolis is the country’s fastest housing market with the typical home going under contract after just four days!
Homes in Omaha, Seattle, Portland, OR and Denver are also selling in a handful of days.
With buyers outnumbering sellers, homes are flying off the market.
The typical home that sold in April went under contract in 19 days—16 days fewer than a year earlier and the fastest pace on record.
Paying above a home’s asking price is becoming more common as buyers encounter bidding wars.
Last month, 49% of homes sold above list price, the largest share on record!