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 ...
Read More »Home >> Tag Archives: Bidding
Homes Are Receiving Fewer Bids as Prices Increase
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 ...
Read More »Are Bidding Wars Still a Thing?
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 ...
Read More »Housing in the West: Not So Hot Anymore?
Here’s what a new report revealed about bidding wars in what were some of the country’s most competitive markets last spring.
Read More »Is Bidding Back? More Homes Selling for List Price or Higher
Strong demand and thin inventory across housing markets is causing increased competition among buyers and homes to sell for the asking price or more.
Read More »