With interest among real estate investors in workforce housing and ESG-focused investments on the rise, affordable rental housing demand is surging for moderate-income households as the transition to homeownership becomes unobtainable for many Americans.
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Bidding-War Rate Reaches Lowest Level Since 2020
According to Redfin's latest market analysis, some 44.6% of home offers written by Redfin agents nationwide faced competition on a seasonally adjusted basis in August, the lowest bidding-war rate since the beginning of the pandemic when the housing market nearly ...
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