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Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer

The median sale price for luxury homes in the U.S. rose 1.2% year over year to $825,000 during the three months ending July 31. The rebound comes after a record decline in the spring, when luxury prices dropped 1.7% as the coronavirus[...]
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Survey: 25% of Homebuyers Are Moving—Or Moving Sooner Than Planned—Because of the Pandemic

Survey: 25% of Homebuyers Are Moving—Or Moving Sooner Than Planned—Because of the Pandemic

Low mortgage rates, spending more time at home and working from home are driving forces for people moving due to the coronavirus pandemic. Three-quarters of homebuyers say the coronavirus pandemic has impacted their homebuying[...]
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Homebuyer Interest in Rural Areas Rises, With Prices Up 11% in July

Homebuyer Interest in Rural Areas Rises, With Prices Up 11% in July

There’s more demand—and less supply—for rural and suburban neighborhoods than cities as the pandemic influences homebuyer preferences. Still, prices are up 6.7% in urban areas. The housing market is hottest in less densely[...]
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Homes Flying Off Market at Record Pace—46% Accept an Offer Within 2 Weeks

Homes Flying Off Market at Record Pace—46% Accept an Offer Within 2 Weeks

Trying to buy a home today is starting to feel similar to searching for hand sanitizer or toilet paper in the early days of the coronavirus pandemic—everything is flying off the shelves faster than it can be restocked. Of homes that went[...]
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