News
These 3 multimillion dollar megahomes hit the market in the middle of the pandemic—here’s why
05/22/2020
Home-buying demand is starting to come back!
The number of customers reaching out to real estate agents was 5.5% higher in the week ended May 10 than it was prepandemic, according to new data from Redfin. The real estate firm also said new listings have increased every week for the past month.
Also, the number of homes Americans pulled off the market that were unsold — known as “delistings” — peaked in the 28-day period ended April 9, when 7.2% of active listings were delisted across Redfin’s business markets. Now, for the 28-day period ended May 8, that number is down to 6.6%.
Despite the worldwide coronavirus pandemic, three top U.S. luxury brokers say now could be the best time to buy or sell your home.
