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Search Results for: coronavirus

New Listings Plummet Over 20% in September

...the exception of March 2020—the month the World Health Organization declared the coronavirus a pandemic. Fewer than half (46%) of offers written by Redfin agents faced competition in September, the...

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Budgets Remain Constrained for Buyers

...onset of the coronavirus pandemic. June’s bidding-war rate compares with a revised rate of 65% one year earlier and 57.3% one month earlier —marking the fifth-straight monthly decline. Housing-market competition...

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Price Gains Outpace Wage Growth

...2005. The worsening affordability scenario for potential home buyers came as the U.S. housing market kept booming into its 11th year, both because of and in spite of the Coronavirus...

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