Rate of discounted homes on the market reaches highest level since the pandemic

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

More than a third of homes for sale in the San Antonio area are being discounted, according to new data from Zillow.

That rate — 34.2% — is the highest the area has recorded since the Seattle real estate company began tracking the figure in 2018. It’s a massive transition from March 2021, when that rate was at 9.9% – its lowest point.

Notably, data from Zonda, another housing market analytics firm, shows that the buying frenzy reached fever pitch in March 2021. The company recorded 1,933 new home sales contracts, an all-time record for San Antonio.The dramatic turn in the market began when the Federal Reserve raised interest rates.

“I have one family looking to move into a new home, who purchased their home at a 3.3% interest rate,”

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 442. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen