Thursday, May 9, 2024 | The Latest Buzz for the Appraisal Industry

Housing Market Showing Nearly 60% of Listed Homes Under Contract Within Two Weeks

Homes sold faster than ever during the four weeks ending February 13, as a record 57% of homes that went under contract did so within two weeks of being listed, according to a new report from Redfin.

People buying homes now are paying more than ever before, too – a median $1,997 per month – as asking prices soared 16% year over year to a new high, and mortgage rates shot up to their

This post was originally published on this site

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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