How does the rise in mortgage rates, housing index data, and Fed rate increase impact the supply and demand for homes? And what is the run-up in home prices? Redfin's Taylor Marr discusses the current state of the U.S. real estate market and where homes are being bought and sold most frequently. "Three out of five homes that went under contract during the four week period ending March 6 found a buyer within two weeks, an all-time high, as supply shrank to a new low," he states.
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