Bitcoin and the crypto economy have been making their way into the world of real estate these days. A recently published report shows that Realtor.com data indicates that people selling property for crypto assets have risen a great deal. Statistics show that there are 14.3 crypto accepting listings per 100,000 homes in the company database.
Real Estate Listings Are Seeing More Bitcoin Acceptance for Homes and Properties
According to a report from Yahoo Money, the housing market and bitcoin are starting to “collide.” The report talks with real estate agent Whitney Pannell who listed a renovated home for $300,000 and wrote in the listing: “Sellers are accepting Bitcoin for this home.” Pannell says that she is a “firm believer in bitcoin” and told Yahoo Money contributor Janna Herron that she believes “it will be the future.”
The article also talked with a representative from Realtor.com and the agent said that bitcoin and crypto acceptance in the world of real estate is rising. Realtor.com’s data shows that 71 listings show crypto-asset acceptance which is roughly 14.3 listings per 100,000 homes. Back in 2018, the numbers were lower at 12.7 crypto-related listings per 100,000 homes. Nicolas Bedo, an economic research analyst at Realtor.com said in an interview with Herron that broad crypto adoption may be happening.
“If the cryptocurrency market…