US Real Estate

US Undergoing Strongest Homebuyers Market in Over a Decade

The price of homes may also be plateauing, Redfin reported.
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US Undergoing Strongest Homebuyers Market in Over a Decade
A newly built 3-bedroom, 2-bath home in Willis, Texas, is listed for $535,000. Courtesy of the Houston Association of Realtors
Jill McLaughlin
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Americans in the market to buy a home in October had the hottest buyer’s market in more than a decade, as the United States still has a shortage of homebuyers who can afford top dollar home prices, online real estate firm Redfin announced Nov. 19.

The United States had about 37 percent—or nearly 529,000 more—home sellers than buyers last month, according to the latest data.
Jill McLaughlin
Jill McLaughlin
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Jill McLaughlin is an award-winning journalist covering politics, environment, and statewide issues. She has been a reporter and editor for newspapers in Oregon, Nevada, and New Mexico. Jill was born in Yosemite National Park and enjoys the majestic outdoors, traveling, golfing, and hiking.