Report on explosive real estate market growth in early 2021 with bidding wars and rapid appreciation.
By Paul MyersThe 2021 real estate boom saw 8-12% annual appreciation, two months of inventory, and 70% of sales receiving multiple offers. Bidding wars were standard, homes sold in 8-10 days on average, and appraisers struggled to keep pace with rapidly escalating comparable sales.
Historic market conditions.
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2021 market boom? Explosive growth continued from 2020. Contact me.
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