...fairly priced homes as mortgage rates decline from their peak and supply remains low. “I’m seeing bidding wars on homes that are priced fairly and accurately, and the overall market...

...temporarily boosted demand. Homebuyer competition also leveled off in February. Just under half of home offers (45.2%) written by Redfin agents faced bidding wars. The bidding-war rate has now hovered...

...market for 51 days, the highest level since right the pandemic hit in February 2020. This number is up from 27 days a year ago. Bidding wars were also less...

...on inventories in as the average home was only on the market for 9 days at one point, as was the spike in the number of bidding wars that took...

...share of Redfin agents’ offers facing bidding wars points to small upticks in the Seattle and Tampa markets this month. “Bidding wars are back in Seattle,” said local Redfin real...

...September. Both home showings and new contract activity has increased in many local markets with some agents reporting a return to bidding wars and multiple offers.” “Predictions of a housing...

...for homebuyers. Consequently, homebuyers went into a real house hunting frenzy, jumpstarting a period of bitter bidding wars and rapidly escalating asking prices. Now, single family home prices that shot...

...check for sellers who have been increasingly pessimistic about entering the market as listing prices have pulled back from last year's peak. While bidding wars won't be the norm in...

...with 44.1% of Redfin offers facing bidding wars. They were followed by single-family homes at 42.1%, multi-family properties at 40.2%, and condos at 37%. Townhouses are popular in today’s pricey...

...this, NerdWallet says “buyer beware” as mortgage rates hit highs not seen in over a decade, resulting in fewer bidding wars and fewer homes selling for thousands above list price....