...other buyers on account of insufficient capital from the sale of a previous home to help fund a down payment or keep up with bidding wars. They have also had...
Read More »Search Results for: bidding wars
The 5 Most Competitive Markets
...California, Boston, and Washington D.C., continue to have a competitive market making them the centers of bidding wars. Topping the list is 96402 in Oakland, California, where 90 percent of...
Read More »Where Inventory’s Growing, And Where It Isn’t
After four years of declining inventory, prompting rising prices and bidding wars, the housing market finally experienced some relief in October. Nationally, housing inventory increased 2 percent in October with...
Read More »Homebuyer Demand Cools Off
...around, buyers don't need to bid as aggressively to win bidding wars, so prices, while still growing, are growing a lower rate, and home sales are slowing." Ziemkiewicz said the...
Read More »$1.5 Trillion Worth of U.S. Homes Threatened by Wildfires
...into bidding wars to buy new homes in the same area, you know wildfires alone won’t cool these competitive markets. However, California’s chronic lack of homes and eroding affordability make...
Read More »An Upbeat Economy with a Downbeat Side Effect
...over the past two years, millennials are feeling the biggest brunt. Demand for houses is high among millennials, the report found. But constrained supply that leads to bidding wars and...
Read More »The Week Ahead: Is Home Price Appreciation Slowing?
...with wealthier buyers in the bidding wars taking place. The new home sales report for August will be released on Monday, September 26 and the question remains whether or not...
Read More »New Homes Sales Take an Upturn in July
...wealthier buyers in the bidding wars taking place. The seasonally adjusted estimate of new houses for sale at the end of July was 233,000. This represents a supply of 4.3...
Read More »Are Some Markets on the Brink of Another Bubble?
When the housing market starts to exhibit characteristics of a potential housing bubble similar to the one experienced in 2007, such as home prices rising faster than inflation or bidding...
Read More »Housing Market Accelerates at Record Pace
...fierce,” said Redfin chief economist Nela Richardson Thursday. “We’re seeing the intensity of fast sales and bidding wars even in affordable markets like Grand Rapids and Omaha, where the typical...
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