Greg Englesbe

Bidding wars are shifting into rental markets across the United States

One of the defining features of the surging U.S. housing market during the coronavirus pandemic has been the commonality of bidding wars for homes. The trend has contributed to the staggering rate of home price increases across the country, where the nationwide median single-family existing-home sales price climbed a record 22.9% during the second quarter […]

Greg Englesbe

Is the Red-Hot U.S. Housing Market Cooling Off?

Any assessment of the U.S. housing market over the past year and change would be remiss to leave out the unique circumstances created by the coronavirus pandemic. Soaring prices, voracious demand and sustained low interest rates have not been such powerful market forces in a vacuum. They reflect the period we’ve been living through, one […]