Real estate brokerage Redfin called March the"hottest month in housing market history," with a record 43% of homes selling for more than their listing price. Nearly half of the homes that went under contract had an accepted offer within one week of hitting the market.agent in Indiana.
"We went as far as printing up flyers and postcards and went door to door and put some postcards on people's doorsteps saying hey, you know, we love your house, if you would be interested in selling it, please give me a call," Josh Medley said. Backlogs in the supply chain have also increased the cost of building new homes; lumber prices have surged more than 200% in the past year.
"The process of doing my due diligence is not matching the speed of how fast these houses are flying off the market," Bell said."It's really scary, especially as a first-time buyer."
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again with the same ... mature people! XD
Guess who is responsible for this?
This is sad that so many are left out because the houses are over priced now.
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You think Biden and Harris created the hottest housing market in history in 100 days? That seems fairly unlikely
Yeah, well, a correction is inevitable, and whoever can sit tight for now will find bargains from people who are spectacularly overpaying right now.
DNC needs to monitor this closely!
Because 'investors' are buying up single family homes instead of actual families. Welcome to the new housing bubble. It's like our government has forgotten what 2007/2008 were like.
Maybe Biden can include free homes in the new infrastructure bill. Why not?