Recent data from Redfin shows that in mid-December the median home sale price rose 14% year over year to $359,750, which they say is just shy of its all-time high. In addition, they point that this price point was achieved as the number of homes for sale fell to an all-time low. Indeed…
“Homebuyers are being hit particularly hard by this wave of inflation…People who set out to buy a home in 2020 but delayed their plans or lost out in bidding wars may now find themselves priced out of homeownership…” Said Redfin Chief Economist Daryl Fairweather.
Click here to read the full story at Redfin.com.
