Million dollar homes flying off the shelves

Wealthy Americans are taking advantage of cheap mortgages, increased savings, and the ability to remote work for them to search for homes listed above $1 million.

Redfin reports luxury home sales in the first three months of the year are soaring. Sales jumped by 41.6% over the quarter versus the same period last year. It's a sharp contrast from sales of affordable homes that increased by 7%, and sales of mid-priced dwellings that rose by 5.9%.
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