59.5% of Redfin home offers faced bidding wars in November, the first time the competition rate was below 60% since December 2020. In November, 59.5%
Interest in second homes remains strong as buyers race to lock in low mortgage rates and employers introduce permanent rules for remote work. In November,
Housing-market competition is no longer slowing as homebuyer demand shows signs of heating back up. In October, 60.3% of home offers written by Redfin agents
Demand for second homes was up 60% from pre-pandemic levels in September, an uptick from July’s 40% increase but still below March’s record growth. In
59.5% of Redfin home offers faced bidding wars in November, the first time the competition rate was below 60% since December 2020. In November, 59.5%
Interest in second homes remains strong as buyers race to lock in low mortgage rates and employers introduce permanent rules for remote work. In November,
Housing-market competition is no longer slowing as homebuyer demand shows signs of heating back up. In October, 60.3% of home offers written by Redfin agents
Demand for second homes was up 60% from pre-pandemic levels in September, an uptick from July’s 40% increase but still below March’s record growth. In