According to Zillow, the nation is seeing more high-end homes listed on the market than any other kind.
They say it's possibly a sign sellers believe more buyers are looking to make a purchase. (Could it be because more people plan on working at home going forward and need more space in their homes for their home office?)
New listings are still down 39% overall from last year, most likely due to the coronavirus pandemic.
Overall, new listings have been rising for three straight weeks and, higher-end homes appear to be outperforming what’s considered more affordable.
Last week in San Francisco, there was a 12.4 percent increase in high-end home listings and a 13.3 percent increase in more affordable listings.
During that same time period in the South Bay, there was a 76.7 percent increase in expensive listings, compared to a 25.1 percent increase in more affordable homes.
Jack Kulp and Carolyn McArdle talked about it on the air! Listen below...