Buyers Turn to Cash and Higher Down Payments to Snag Homes
Pro Builder
APRIL 27, 2021
NAR notes this widens the wealth and income divide among those who are financially wealthy and those yet to build up wealth. In Arizona, Georgia, New Hampshire, and Washington, there were six offers per home sold. In March, homes received an average of five offers, whereas homes only saw two offers on average in 2019 and 2020.
Let's personalize your content