Tag Archives: Bidding

Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic.  According to Redfin, 44.3% of home ...

It seems that rising interest rates and record-high home prices are finally starting to affect the market as fewer homes received competing bids in March than they did ...

While bidding wars reached a pandemic peak in April, 60.3% of all offers written by Redfin in October experienced a bidding war, down from the 60.4% in September.  While the decrease in ...

Here’s what a new report revealed about bidding wars in what were some of the country’s most competitive markets last spring.

Strong demand and thin inventory across housing markets is causing increased competition among buyers and homes to sell for the asking price or more.