The median home sale price was up 17% year over year
Tagged: Redfin
32.3% of Redfin users looked to move to a less expensive metro area.
Interest rates and increased fees dropping demand for vacation homes.
Home sellers are lowering their prices to make their houses sell.
Redfin able to link homebuyers to mortgage financing
Market still feels hot, but slowdown in online searches, home tours and mortgage applications suggests more buyers are getting priced out.
Demand for single-family homes surged during the pandemic — but it surged so much that condos are now all some homebuyers can afford.
Median home sales prices continue to surge
Redfin report says waiving financing contingency and conducting a pre-inspection also can help.
Home prices soared to an all-time high of $363,975 as the market continued to heat up during the four-week period ending Feb. 27.