According to a recent report, housing demand dwindled in October, not due to a lack of interest in the market, but a short supply of properties for customers to put offers on.
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January Housing Demand Hits 4-year Peak
Housing demand in January hit its highest point in four years. According to the latest Redfin Housing Demand Index report, January demand increased 6.5 percent compared to December, hitting an adjusted level of 130.
Read More »Demand for Homes Is High and Bidding is Fierce
The race is on for prospective homeowners who are competing with others also looking to buy in similar areas, price ranges, and home sizes as demand outpaces supply.
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