Tag Archives: Competition

Salt Lake City and Tucson were among the list of populous cities that have the highest levels of housing market competition.

Despite a general cooling down in competition, a new survey found that buyers in these ZIP codes remain in a bidding war for prime properties.

Low inventory and rising prices are thwarting demand in the housing market as overall home competition is down from last January. Numbers showing competition between buyers in January, 2014, are up, but yearly overall competition for 2014 is expected to dwindle as rising prices prevent many home shoppers from feeling that they are “getting a deal,” according to Redfin.