Housing: Bidding wars erupt as 2024 kicks off, with some listings ...
WEBJan 14, 2024 · Would-be homebuyers are once again coming out of hibernation, this time prepared to strike a deal before competition heats up. The volume of applications for a mortgage increased 9.9% from one week...
Bidding War Mistakes Today’s Home Sellers Are Making - realtor.com
WEBAug 2, 2022 · Home sellers today face a changing market where they could make some costly mistakes in a bidding war—if they get a bidding war at all.
With homes selling for $400K over asking, bidding wars ... - MarketWatch
WEBMay 11, 2024 · In spite of mortgage rates exceeding 7%, prospective home buyers face intense bidding wars over a small pool of homes listed for sale.
Housing Market Bidding War News - Redfin
WEBApr 25, 2022 · The bidding-war rate dipped below 50% for the first time since the start of the pandemic in June as rising mortgage rates and inflation took a bite out of homebuyer budgets. Nationwide, 49.9% of home offers written by Redfin agents faced competition on a seasonally adjusted basis in June.
Hey Sellers, Here’s How To Spark a Bidding War for Your Home
WEBMay 22, 2024 · So how can a seller create the kind of bidding war that pushes a home’s price well over asking? We talked to experienced real estate agents for advice on how to get buyers to turn up and bid in...
Bidding war: 11 Tips to help you beat out the competition - Redfin
WEBSep 2, 2020 · A bidding war is a real estate term for when a seller receives multiple offers on their home in a short amount of time. Unfortunately, it also means the seller can wait to see whether buyers are willing to raise their offers – and by how much – along with other concessions to make their offers more attractive.
Bidding-War Rate Drops to Lowest Level Since April 2020 - Redfin
WEBSep 23, 2022 · The bidding-war rate is falling as the housing market cools and buyers back off from the pandemic-driven homebuying frenzy in 2021 and early 2022, with the number of home sales down nearly 20% year over year.
Good News for Home Buyers: Bidding Wars Are Finally Down
WEBJul 18, 2021 · According to Redfin, the share of properties facing bidding wars declined to 65% in June, down from 72.1% in May and 74.1% in April. That's the good news. The bad news is that June's numbers...
Bidding War Erupts Over Alleged Diddy Sex Tape With A-Lister
WEB7 hours ago · A bidding war has reportedly erupted over a tape of Diddy having ... Mitchell-Kidd appeared on News Nation this week and spoke about the recent New York Post article that claimed the celebrity in ...
The Buyer and Seller Guide to a Real Estate Bidding War
WEBMar 11, 2024 · Here are a few tips for buyers and sellers about how to navigate a multiple-offer situation in a home sale. A badly managed bidding war can end in disappointment for the seller if the potential...