Usa Washington 2020 Coronavirus Usa Washington

Homes selling faster than ever even as prices rise to all-time highs

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A house's real estate for sale sign shows the home as being "Under Contract" in Washington, DC, November 19, 2020. - The US real estate market is booming even as the coronavirus crisis intensifies, and the seemingly insatiable appetite for new and ol Homes are getting snatched off the market at a record pace despite rising home prices and mortgage rates, according to a new Redfin report.About 59% of homes that went under contract had an accepted offer within two weeks of hitting the market, an-all time high since the real estate brokerage began tracking the data in 2012.In the week ending on March 28, 61% of homes sold in two weeks or less, according to the data.

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