Luxury apartment sales surged approximately 226% year over year and almost 33% from the previous quarter, according to Douglas Elliman. The brokerage netted 453 luxury sales
Opinion
This is the homeseller market crash. Inventory is at historic lows, affordability is rapidly eroding, and rates are climbing
The median home sale price in the US rose by 2.8% from the previous year in June, marking an all-time high of $311,300, according to Redfin
Agents in secondary or up-and-coming luxury markets across America say business is booming as buyers and sellers find a new sense of normal amid the pandemic
Housing inventory across the US was down 27.4% year over year, or approximately 363,000 fewer homes during the same period last year, according to realtor.com
Homes sat on the market 15 days longer than last year during the week ending May 16, resulting in the greatest increase in time on market since 2013, according to realtor.com
The median U.S. home sold in 81 days, including closing time
Prices are booming, but that isn't stopping inventory from flying on and off the market
Memorize these questions before you head to your next listing appointment
Know these tips before you head to your listing appointment
Don't go into the buying and selling process blind
OpenHouse released data finding that homes are typically selling under listing price
The market is leaning pretty strongly in favor of homebuyers