Alternative Investment Posts
There’s no denying that since the pandemic began, there’s been a buying frenzy in many U.S. housing markets. According to Redfin, July marked the twelfth straight month of double-digit price increases. In July, 60% of offers written by Redfin agents faced a bidding war – down from 74% in April. Media headlines call the current housing boom “unprecedented.” So, here’s a surprising fact: By some measures, houses are actually MORE affordable today than in decades past.
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