Housing Market News
Bidding Wars
Redfin Bidding War Report Shows Early Signs of a Cooling Real Estate Market in Some Cities While Competition Intensifies in Others
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
In the Trenches: Behind the Scenes of America's Bidding Wars
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,
Almost Two-Thirds of Home Offers Written By Redfin Agents Faced Bidding Wars In March
Competition is escalating as Americans rush to lock down homes before back-to-school season this fall. Single-family homes are the most likely to attract bidding wars,
Redfin Bidding-War Rate Surpasses 60% In February as Housing Shortage Fuels Fierce Competition
Battles between buyers are more intense than ever, with some houses receiving dozens of offers and selling at lightning speed for tens of thousands of
All-Cash Offers Quadruple a Homebuyer’s Chances of Winning a Bidding War
All-cash offers are most likely to improve a buyers’ odds of winning a bidding war, followed by waiving the financing contingency, according to Redfin data.
How to Win a Bidding War In 2021, According to Redfin Agents
Competition in the housing market is fierce. Here are nine unique strategies to help homebuyers win that don’t require paying all cash or waiving contingencies.
56% of Redfin Home Offers Faced Competition in January, the 9th-Straight Month of a 50%-Plus Bidding-War Rate
Pricey homes are most likely to see bidding wars, with more than 65% of homes priced between $800,000 and $1 million facing competition in January,
Half of Redfin Home Offers Faced Bidding Wars In December as Housing Market Defied Holiday Slump
Competition tapered slightly over the holidays, but remained fierce as insufficient housing supply failed to keep up with insatiable demand boosted by record-low mortgage rates
