...the game are finally getting a break from bidding wars, which means they can be picky,” said Raleigh, North Carolina Redfin Agent Pam Lewis. “Three months ago, buyers were saying,...
Read More »Search Results for: bidding wars
‘Stale’ Housing Inventory Rises in July
...said Redfin Deputy Chief Economist Taylor Marr. “Buyers can take their time making careful decisions about homes without worrying so much about bidding wars, offering over the asking price and...
Read More »Fixer-Uppers Remain Viable Option for Cash-Strapped Buyers
Buying a fixer-upper remains a viable option for many buyers trying to stretch their dollar in the current environment of still-rising home prices, bidding wars, low inventory and rising interest...
Read More »Record Share of Homebuyers Looking to Relocate
...buyers out of the market, but it has also helped ease competition and curb bidding wars between locals and out of towners. A lot of buyers who kept getting outbid...
Read More »Homebuyer Competition Plummets
...Encounter Competition Townhouses were more likely than any other property type to encounter bidding wars, with 54.6% of Redfin offers facing bidding wars in June. Next came single-family homes (52.3%),...
Read More »Senators Call for Balance Between Investment, Affordable Housing Needs
...make more competitive all-cash offers, and improve their chances of beating out an offer from a first-time buyer. Large investors can take on more risk than families to win bidding...
Read More »Investor Impact: Marketshare Shifts in Q1
...listings got eight. Today, most homes aren’t getting any. This is good news for regular buyers. While some of them will still get into bidding wars with investors, they won’t...
Read More »Breaking the Housing Affordability Cycle
...pull back from the market and sellers to adjust their price expectations, resulting in fewer or less intense bidding wars and, ultimately, a moderation of house price growth.” Do you...
Read More »Q1 Ends With U.S. Home Prices on the Upswing
...the heavy advantage that recent home sellers have enjoyed. This will initially mean fewer home sales, which should diminish the bidding wars and concessions that buyers make to sweeten offers.”...
Read More »Housing Market Moving at Record Speed
...happened as fast as we've ever recorded. It may very well be that fewer people are trying to buy, but with bidding wars continuing to drive up prices on limited...
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