Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60 percent of homes went under contract in two weeks.
Source: Inman News
51% of homes sold above listing price in May: Redfin
Published in asking price, bidding wars, Daryl Fairweather, inventory, listing price, Markets & Economy, Redfin and Select
More from asking priceMore posts in asking price »
More from bidding warsMore posts in bidding wars »
- Homeseller sentiment is lukewarm as spring homebuying ramps up
- Homebuyer purchasing power rises by $40K since October rate surge
- Median sale price climbs to $426K for only 2nd time in US history
- The market where rents rise faster than even New York
- NYC rent soars to all-time high — and it’s not done yet, analysts warn
More from Daryl FairweatherMore posts in Daryl Fairweather »
- Floridians grapple with insurance changes as hurricane season nears
- More and more renters believe they will never own a home
- 2024 Spring Outlook: Another tight market, this time with extra anxiety
- Buyers’ market to usher in ‘season of hope’ in 2024, Redfin projects
- Intel unpacks the startling price of entry into the US housing market
More from inventoryMore posts in inventory »
- Pending home sales tally modest uptick amid rise in jobs, inventory
- Existing-home sales rose 9.5% amid winter inventory boost
- Biden set to propose $5K tax credit for first-time buyers
- Location, location, location? Price eclipses previous buyer priority
- New-home sales off to a roaring start with record January bump
More from listing priceMore posts in listing price »
More from Markets & EconomyMore posts in Markets & Economy »
- Luxury home prices have reached new heights: Redfin
- 7 strategies to turn today’s bad economic news into more deals
- Gone, not forgotten: The Oklahoma City bombing 29 years later
- Existing-home sales drop in March as high rates stun homebuyers
- 2 buyers scramble to make a deal as the spring market sprints ahead
More from RedfinMore posts in Redfin »
More from SelectMore posts in Select »
Be First to Comment