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Bidding wars for homes hit a decade low

Competition in the fall housing market is falling. Just 10% of offers written by Redfin agents for their clients in October faced a bidding war, down from 39% a year ago, according to the Seattle-based real estate brokerage......»»

Category: realestateSource: cnbcNov 13th, 2019

Houses in the Hamptons are flying off the market for top-dollar prices after bidding wars

In a sign of pandemic-fueled demand for the ritzy NYC enclave, 803 Hamptons homes traded hands last quarter - about double the year before. A house on the Hamptons' billionaire lane. Katie Warren/B.....»»

Category: dealsSource: nytFeb 1st, 2021

Report: Almost half of Tampa metro homes sold on Redfin in December saw bidding wars

A recent report from Redfin found that almost half of homes sold on the platform in December faced a bidding war......»»

Category: topSource: bizjournalsJan 19th, 2021

Bidding Wars For US Homes Collapse To Eight-Year Low 

Bidding Wars For US Homes Collapse To Eight-Year Low  Bidding wars for homes in Seattle, San Jose, and San Francisco have crashed in the past year, reflecting an alarming national trend, according to a new report from Redfin......»»

Category: blogSource: zerohedgeSep 12th, 2019

As bidding wars heat up, here"s how to win your dream home

The dull days of summer may be over sooner than expected in the nation's housing market. The supply of homes for sale, which had been increasing earlier this year, could turn lower again soon, and that will likely mean the return of bidding wars......»»

Category: topSource: moneycentralJul 12th, 2019

Bidding wars are heating up. Here"s how to win your dream home

The dull days of summer may be over sooner than expected in the nation's housing market. The supply of homes for sale, which had been increasing earlier this year, could turn lower again soon, and that will likely mean the return of bidding wars......»»

Category: realestateSource: cnbcJul 12th, 2019

10 Cities Where Bidding Wars for Homes Are Heating Up

Bidding wars for homes in some cities have been common for decades. Now these wars are spreading to smaller cities, increasing the difficulty some buyers face in finding the home they want and can........»»

Category: blogSource: 247wallstApr 28th, 2018

US home prices march upward as buyers fight over low supply

U.S. home prices rose in April from a year earlier, lifted by bidding wars in many cities where would-be buyers fought over a sparse supply of homes......»»

Category: topSource: washpostJun 26th, 2018

The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Dallas is housing’s “canary in the mine shaft.” Homes are taking longer to sell, bidding wars are rarer and price cuts are more common as buyers absorb the impact of higher mortgage rates......»»

Category: smallbizSource: wsjNov 26th, 2018

The U.S. housing boom is coming to an end, starting in Dallas

Dallas has been the “canary in the mine shaft” this housing cycle. Homes are taking longer to sell, bidding wars are rarer and price cuts are more common as buyers absorb the impact of higher rates......»»

Category: topSource: moneycentralNov 27th, 2018

The U.S. housing boom is coming to an end, starting in Dallas

Dallas has been the “canary in the mine shaft” this housing cycle. Homes are taking longer to sell, bidding wars are rarer and price cuts are more common as buyers absorb the impact of higher rates......»»

Category: topSource: moneycentralNov 27th, 2018

US housing boom is coming to an end, starting in Dallas

Dallas has been the “canary in the mine shaft” this housing cycle. Homes are taking longer to sell, bidding wars are rarer and price cuts are more common as buyers absorb the impact of higher rates......»»

Category: topSource: moneycentralNov 27th, 2018

US housing boom is coming to an end, starting in Dallas

Dallas has been the “canary in the mine shaft” this housing cycle. Homes are taking longer to sell, bidding wars are rarer and price cuts are more common as buyers absorb the impact of higher rates......»»

Category: topSource: moneycentralNov 27th, 2018

Cash is king as spring bidding wars rise again in East Bay housing markets

In the Oakland-Berkeley Inner East Bay market, the number of listings going into contract — which reflects the most up-to-date measurement of buyer demand — surged in March......»»

Category: topSource: bizjournalsApr 11th, 2024

Patti Payne: Bidding wars escalate on Eastside; saying goodbye to an old friend

“I’ve had agents saying they’ve had upwards of 20 offers on a property, repeatedly,” said Windermere Vice President Shelley Rossi.“I heard about one recently where the home sold for $400,000 over asking price.”.....»»

Category: topSource: bizjournalsMay 8th, 2021

Exhausted real estate agents say they"re working around the clock to keep up with the frenzied real estate market nationwide - and there"s no sign of it slowing down anytime soon

The frenzied real estate market has resulted in bidding wars, skyrocketing prices, and remarkably low inventory - and exhausted realt.....»»

Category: topSource: businessinsiderMay 1st, 2021

Inside the largest fish market in the world, where a single tuna can sell for up to $3 million

Toyosu Market in Tokyo is home to the world-famous tuna bidding wars each morning. But overfishing is .....»»

Category: dealsSource: nytApr 23rd, 2021

This Is The Market Where People Face Home Bidding Wars

Home prices have soared as mortgage rates have dropped, as people leave some large cities because of the COVID-19 pandemic, and as middle-class Americans have experienced income increases. Based on........»»

Category: blogSource: 247wallstApr 17th, 2021

NerdWallet: In an effort to win bidding wars, home buyers are skipping inspections. Is it wise?

Home buyers are opting to forgo home inspections to make their offers appear hassle-free, but it could be a costly mistake......»»

Category: topSource: marketwatchMar 16th, 2021

Study: Seattle-area home bidding wars on the rise as inventory dries up

Almost 74% of home offers in the Seattle area faced a bidding war in January, the fifth-highest mark in the country, according to a new Redfin report. The real estate brokerage doesn't expect the situation to improve any time soon. “The num.....»»

Category: topSource: bizjournalsFeb 16th, 2021

Dallas home builder says California ex-pats are bidding up mansions

A builder whose client list is a Who's Who of the Dallas area says that Californians are getting into bidding wars for the area's mansions......»»

Category: topSource: bizjournalsFeb 11th, 2021