Tag Archives: bidding wars

S&P CoreLogic Case-Shiller Indices found an annual price gain of nearly 20% in September 2021, driven by a continued lack of inventory and the return of bidding wars.

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 ...

Overall mortgage application and refi volume fell week-over-week, as well as dropping 31% year-over-year.

With rates on the rise, a slight uptick in purchase apps compensated for a slide in refinance apps, which hit lows last seen in January 2020.

A new study found that 59% of home offers faced competition in September, the lowest level in nine months, amid a seasonal housing-market slowdown and an uptick in mortgage rates.

Long-time homeowners who can tap equity gains have an advantage over younger homebuyers who are often bidding for their first home and are unable to include as much cash in their offers.

Agents in fiercely competitive metros report buyers making requests that were "unheard of" months ago and easing inflow with a return to office work.

As rates continue to drop, many homeowners are finding themselves unable to take advantage in the purchase market as low inventory continues to outpace demand.

Rates drop even further below 3%, as more are taking advantage of both purchase and refi opportunities with rates in continued record-low territories.

After a few weeks of declines, mortgage application volume took a giant step forward, as rates continue to dip below the 3% mark.