At the end of January, Oakland had only six weeks of inventory remaining. That’s leading to bidding wars. Read More
Though multiple offers aren’t quite the jungle they were back in 2012, homes in popular neighborhoods continue to face stiff competition; tight inventory conditions and relatively low mortgage rates often lead to multiple offer situations. Faced with a bidding war? These five tips will help your offer stand out.
Competition in the US residential real estate market dropped for the fourth consecutive month in July, underscoring the market’s overall trend towards balance. Read More
Seven of every 10 offers written by Redfin agents in May faced competition. Read More
Welcome to Redfin’s latest in real estate analysis—the Bidding War Report. The data for this report are based on Redfin’s Offer Insights, statistics compiled from more than 2,000 offers written each month by Redfin agents for Redfin’s home-buying clients. For the full report including data tables and charts, visit Real-Time Bidding Wars in Redfin’s Research… Read More
We’ve been talking a big game about bidding wars this season, telling you that they’re rampant in places like the Bay Area, Seattle and DC, and sharing the tricks of the trade so you know what it takes to win them. But which homes are actually inciting these bidding wars and what’s it like to… Read More