Bidding-War Rate Drops To Lowest Level Since April 2020
Nationwide, just 44.6 percent of home offers written by Redfin agents faced competition in August
Nationwide, just 44.6 percent of home offers written by Redfin agents faced competition in August
The neighboring Central Valley counties also saw sales increase as the Far Northern California region slipped
Home sales totaled 313,540 last month, up 6.1 percent from July 2022
Risk also remains high for New Jersey and Illinois, while southern and midwestern states remained less exposed
Both NorCal and SoCal saw significant declines, down more than 35 percent annually
Just 16 percent of households could afford to purchase the $883,370 median-priced home in the second quarter of 2022
Google and Apple have deployed hundreds of millions of dollars as part of their respective housing pledges
The San Francisco Bay Area had the second largest drop of all regions, with sales falling 26.8 percent compared to ...
The just-released numbers also show home prices are finally on the downward trend as well…
Napa, Alameda and Sacramento counties continued to inch upwards while the surrounding areas saw nominal declines
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