With an influx of tech and entertainment giants, not to mention a rising tide of millennial buyers, Texas is bursting at the seams as agents rush to find listings.
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SEATTLE, April 30, 2021 /PRNewswire/ (NASDAQ: RDFN) More than a quarter (25.7%) of single-family homes for sale in America during the first quarter were new-construction homes, according to a new
www.redfin.com), the technology-powered real estate brokerage. That s up from 20.4% a year earlier and represents the highest share on record.
New-construction homes have steadily been taking up a larger piece of the pie over the last decade, but there has been a notable acceleration during the coronavirus pandemic. There are two primary reasons, according to Redfin Lead Economist Taylor Marr: an increase in homebuilding and a decrease in the number of Americans putting their houses up for sale.