...Kruayai, a Redfin Agent in Jacksonville, Florida, where the bidding-war rate dropped to 50% in September from 71.4% in August. "Even though there aren't as many bidding wars, listings are...

...intense bidding wars for the homes that are for sale—even those in fire-prone areas—which contributes to the rise in prices," Redfin Chief Economist Daryl Fairweather said. "The wildfires themselves are...

...even as bidding wars have become more rare," said Redfin Lead Economist Taylor Marr. "The market hasn't cooled off any further than it usually does this time of year, and...

For much of this past year, the residential real estate industry has faced a perfect storm of sky-high pricing and demand and severely constricted supply. Bidding wars for existing homes...

...including appraisal contingencies again and making requests for repairs—things that were pretty much unheard of last year." The percentage of Redfin offers that faced bidding wars in Sacramento was 72.9%...

...five bidding wars. I am hopeful that more opportunities like this will arise in the coming weeks if things continue to stabilize.” Fairweather's hopes are supported by some of the...

...table with cash offers, with which they easily win bidding wars against, especially, first-time or low-income buyers. While competition is easing slightly, about two-thirds of home offers written by Redfin...

...Census Bureau reported that SFRs averaged 94.5% occupancy, up from 93.7% one year earlier, which has continued to drive up rent prices. Bidding wars still loom, as all-cash sales are...

...supply.” That shortfall is forcing more prospective homebuyers out of the market, as higher prices have come into play with bidding wars being waged on the limited supply. “The average...

...written by Redfin agents still face bidding wars. A recent analysis by Redfin found that in June 2021, 65% of home offers written by Redfin agents faced competition, down from...