...and priced fairly are attracting buyers and in some cases bidding wars, mostly because for-sale signs are few and far between right now.” “Still, there’s no rush to offload high-value...

...inventory also posted an unseasonal monthly decline. “Even though buyers are trepidatious about high mortgage rates, we’re seeing bidding wars in several pockets of the market because there are so...

...2021 all over again, but higher rates mean bidding wars are happening more in the $500,000 range than the $700,000 range because people can afford less. I’m advising buyers to...

...mind that when rates do ultimately fall, many buyers waiting on the sidelines could jump back in. That could lead to more bidding wars since there aren’t enough homes for...

...record after October 2022. "Many homeowners are still opting not to sell and give up historically low mortgage rates. But those who do have been rewarded with bidding wars as...

...some markets which remain hot; low inventory rates in some areas are also another reason concessions are not on the table for buyers due to increased competition and bidding wars....

According to new research from Redfin, the historic drop in active listings due to the “lock-in” effect is bringing back the pandemic trend of bidding wars as homeseekers compete for...

...in sales, preventing home prices from falling further and leading to bidding wars in some markets. More than two of every five (44.3%) home offers written by Redfin agents faced...

...of equity in their home, positioning them well for a home sale. The hot 2021 and 2022 markets ushered in a new normal with bidding wars, fast sales and offers...

...neighborhood. Sellers are hesitant, partly because it’s not spring 2022 anymore. I’m reminding potential sellers that buyers are out there, and some homes have bidding wars–they just need to price...