Almost 6,000 U.S. Homes Have Sold for at Least $100,000 Above Asking Price in 2022
Pro Builder
MARCH 8, 2022
Buyers are upping the ante to secure fast-selling homes in a heated 2022 housing market. Elevated competition from rising mortgage rates and low inventory is driving up sale prices in popular metros like Los Angeles, where 718 homes sold for at least $100,000 above the asking price from January 1 to February 15, Redfin reports.
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