Kyle Realty Group

Kyle Realty Group

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Jo Riopel Realtor
Jo Riopel Realtor
Photos 12/15/2021

The number of requests for home tours and other home-buying offerings from Redfin agents and partners is used to calculate the Homebuyer Demand Index. For the four weeks ending November 14, demand for home tours and other services continued to rise, despite the fact that the property market is normally cooling off at this time of year. Demand reached a high of 170, up 23% y/y.
In October 2021, demand for second or vacation houses remained 70% higher than pre-pandemic levels. This increase in demand for second houses of +70% over pre-pandemic levels is lower than the highest demand of +91% in January 2021, but well above the demand of +48% in August 2021.
Source: www.timandjulieharris.com"Homebuyer Demand Hits All-Time High"

Photos 12/13/2021

According to Redfin, demand for residential real estate remains high, with one-third of all properties selling within one or two weeks during the first two weeks of October. Buyers do not want to wait for building supplies, appliances, or furnishings due to supply chain interruptions caused by the pandemic. They want to buy right now so that they may either move in or rent right away.
Buyers in new buildings are ready to pay a premium for homes that are fully furnished and finished, according to Edgardo Defortuna, CEO and founder of Fortune International Group in Miami.
Source: www.timandjulieharris.com"Strong Appeal of Move-In Ready Homes"

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