According to an August 2020 survey by Redfin of 1,000 people who were planning to buy a home within the next 12 months, 25% of respondents stated the pandemic caused them to want to move or speed up their moving timeline, and 17% indicated they were interested in looking for a less expensive home.
This increase in demand for homes caused listing prices to climb, and that trend has continued through the first four months of 2021, due to the pandemic-fueled desires of people wanting a new home coupled with continued low-interest rates.
from Movement Mortgage Blog https://ift.tt/2QUzM6M
via Zero Mortgage Insurance
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