{"id":69510,"date":"2020-07-07T18:26:38","date_gmt":"2020-07-08T01:26:38","guid":{"rendered":"http:\/\/redfinnewsprod.wpengine.com\/?page_id=69510"},"modified":"2020-10-13T15:36:12","modified_gmt":"2020-10-13T22:36:12","slug":"bidding-wars","status":"publish","type":"page","link":"https:\/\/www.redfin.com\/news\/bidding-wars\/","title":{"rendered":"Bidding Wars"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"69510\" class=\"elementor elementor-69510\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c83f58c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c83f58c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2afca5f\" data-id=\"2afca5f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-67fd788 elementor-widget elementor-widget-heading\" data-id=\"67fd788\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Housing Market News<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dbcfe5e elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"dbcfe5e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b09636d elementor-hidden-phone elementor-hidden-tablet elementor-widget elementor-widget-template\" data-id=\"b09636d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"69520\" class=\"elementor elementor-69520\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-93b3818 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"93b3818\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2f8422a\" data-id=\"2f8422a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1cfbb4f news-submenu elementor-nav-menu--stretch elementor-nav-menu__align-justify elementor-nav-menu--dropdown-tablet elementor-nav-menu__text-align-aside elementor-nav-menu--toggle elementor-nav-menu--burger elementor-widget elementor-widget-nav-menu\" data-id=\"1cfbb4f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;full_width&quot;:&quot;stretch&quot;,&quot;layout&quot;:&quot;horizontal&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;fas fa-caret-down\\&quot; aria-hidden=\\&quot;true\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;toggle&quot;:&quot;burger&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-horizontal e--pointer-none\">\n\t\t\t\t<ul id=\"menu-1-1cfbb4f\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69507\"><a href=\"https:\/\/www.redfin.com\/news\/housing-market-news\/\" class=\"elementor-item menu-link\">All Reports<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-75315\"><a href=\"https:\/\/www.redfin.com\/news\/weekly-market-update\/\" class=\"elementor-item menu-link\">Weekly Market Update<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69509\"><a href=\"https:\/\/www.redfin.com\/news\/market-tracker\/\" class=\"elementor-item menu-link\">Monthly Market Update<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69513\"><a href=\"https:\/\/www.redfin.com\/news\/luxury-market\/\" class=\"elementor-item menu-link\">Luxury Market<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-74130\"><a href=\"https:\/\/www.redfin.com\/news\/investors\/\" class=\"elementor-item menu-link\">Investors<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69517\"><a href=\"https:\/\/www.redfin.com\/news\/affordability\/\" class=\"elementor-item menu-link\">Affordability<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-78664\"><a href=\"https:\/\/www.redfin.com\/news\/migration-news\/\" class=\"elementor-item menu-link\">Migration<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open eicon-menu-bar\"><\/i><i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--close eicon-close\"><\/i>\t\t<\/div>\n\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-1cfbb4f\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69507\"><a href=\"https:\/\/www.redfin.com\/news\/housing-market-news\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">All Reports<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-75315\"><a href=\"https:\/\/www.redfin.com\/news\/weekly-market-update\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Weekly Market Update<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69509\"><a href=\"https:\/\/www.redfin.com\/news\/market-tracker\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Monthly Market Update<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69513\"><a href=\"https:\/\/www.redfin.com\/news\/luxury-market\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Luxury Market<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-74130\"><a href=\"https:\/\/www.redfin.com\/news\/investors\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Investors<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69517\"><a href=\"https:\/\/www.redfin.com\/news\/affordability\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Affordability<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-78664\"><a href=\"https:\/\/www.redfin.com\/news\/migration-news\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Migration<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b94640 elementor-hidden-phone elementor-hidden-tablet elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"6b94640\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-7c6e7d8 elementor-hidden-desktop elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7c6e7d8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-a5d2471\" data-id=\"a5d2471\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c9875c2 elementor-widget-tablet__width-auto elementor-widget elementor-widget-heading\" data-id=\"c9875c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Bidding Wars<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fad48f2 elementor-widget-tablet__width-auto elementor-widget elementor-widget-template\" data-id=\"fad48f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"69520\" class=\"elementor elementor-69520\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-93b3818 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"93b3818\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2f8422a\" data-id=\"2f8422a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1cfbb4f news-submenu elementor-nav-menu--stretch elementor-nav-menu__align-justify elementor-nav-menu--dropdown-tablet elementor-nav-menu__text-align-aside elementor-nav-menu--toggle elementor-nav-menu--burger elementor-widget elementor-widget-nav-menu\" data-id=\"1cfbb4f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;full_width&quot;:&quot;stretch&quot;,&quot;layout&quot;:&quot;horizontal&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;fas fa-caret-down\\&quot; aria-hidden=\\&quot;true\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;toggle&quot;:&quot;burger&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-horizontal e--pointer-none\">\n\t\t\t\t<ul id=\"menu-1-1cfbb4f\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69507\"><a href=\"https:\/\/www.redfin.com\/news\/housing-market-news\/\" class=\"elementor-item menu-link\">All Reports<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-75315\"><a href=\"https:\/\/www.redfin.com\/news\/weekly-market-update\/\" class=\"elementor-item menu-link\">Weekly Market Update<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69509\"><a href=\"https:\/\/www.redfin.com\/news\/market-tracker\/\" class=\"elementor-item menu-link\">Monthly Market Update<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69513\"><a href=\"https:\/\/www.redfin.com\/news\/luxury-market\/\" class=\"elementor-item menu-link\">Luxury Market<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-74130\"><a href=\"https:\/\/www.redfin.com\/news\/investors\/\" class=\"elementor-item menu-link\">Investors<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69517\"><a href=\"https:\/\/www.redfin.com\/news\/affordability\/\" class=\"elementor-item menu-link\">Affordability<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-78664\"><a href=\"https:\/\/www.redfin.com\/news\/migration-news\/\" class=\"elementor-item menu-link\">Migration<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open eicon-menu-bar\"><\/i><i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--close eicon-close\"><\/i>\t\t<\/div>\n\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-1cfbb4f\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69507\"><a href=\"https:\/\/www.redfin.com\/news\/housing-market-news\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">All Reports<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-75315\"><a href=\"https:\/\/www.redfin.com\/news\/weekly-market-update\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Weekly Market Update<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69509\"><a href=\"https:\/\/www.redfin.com\/news\/market-tracker\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Monthly Market Update<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69513\"><a href=\"https:\/\/www.redfin.com\/news\/luxury-market\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Luxury Market<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-74130\"><a href=\"https:\/\/www.redfin.com\/news\/investors\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Investors<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-69517\"><a href=\"https:\/\/www.redfin.com\/news\/affordability\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Affordability<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-78664\"><a href=\"https:\/\/www.redfin.com\/news\/migration-news\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Migration<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b94640 elementor-hidden-phone elementor-hidden-tablet elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"6b94640\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-059b04f elementor-grid-1 elementor-grid-tablet-1 elementor-hidden-desktop elementor-hidden-tablet elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"059b04f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;1&quot;,&quot;pagination_type&quot;:&quot;numbers_and_prev_next&quot;,&quot;classic_columns_tablet&quot;:&quot;1&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-75118 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-housing-market-news tag-bidding-wars tag-housing-affordability\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-august-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC-768x576.jpg\" height=\"576\" width=\"768\" class=\"attachment-medium_large size-medium_large wp-image-75120 sp-no-webp\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC-768x576.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC-300x225.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC-1024x768.jpg 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC-1536x1152.jpg 1536w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC.jpg 1600w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/> <\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-august-2022\/\" >\n\t\t\t\tBidding-War Rate Drops to Lowest Level Since April 2020 As Mortgage Rates Surge\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tSeptember 23, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Just over 4 in 10 Redfin home offers faced competition in August, down significantly from a year earlier as 6% mortgage rates price buyers out<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-74858 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-coronavirus-housing-market-news category-housing-market-news tag-bidding-wars tag-coronavirus\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-july-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"768\" height=\"576\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135-768x576.jpg\" class=\"attachment-medium_large size-medium_large wp-image-74860\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135-768x576.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135-300x225.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135-1024x768.jpg 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135-1536x1152.jpg 1536w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135.jpg 1600w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-july-2022\/\" >\n\t\t\t\tHomebuyer Competition Falls to Lowest Level Since Early Months of Pandemic\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tAugust 12, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Higher mortgage rates and home prices are pushing some house hunters out of the market, leaving those who remain with more options and negotiating power.<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-74720 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-coronavirus-housing-market-news category-housing-market-news tag-bidding-wars tag-coronavirus\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-june-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-image-74722\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-768x432.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-300x169.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-1024x576.jpg 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-1536x864.jpg 1536w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-2048x1152.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-june-2022\/\" >\n\t\t\t\tHomebuyer Competition Drops to Lowest Level in Over Two Years\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJuly 20, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>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<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-74530 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-coronavirus-housing-market-news category-housing-market-news tag-bidding-wars tag-coronavirus\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-may-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/06\/116-Joanne-Way-768x512.jpg\" height=\"512\" width=\"768\" class=\"attachment-medium_large size-medium_large wp-image-74532 sp-no-webp\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/06\/116-Joanne-Way-768x512.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/06\/116-Joanne-Way-300x200.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/06\/116-Joanne-Way.jpg 800w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/> <\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-may-2022\/\" >\n\t\t\t\tHousing-Market Competition Dropped to a 15-Month Low in May\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 17, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Surging mortgage rates and home prices are causing more buyers to back off. That means sellers are less likely to receive multiple offers\u2014but they\u2019ll also<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-74327 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-coronavirus-housing-market-news category-housing-market-news tag-bidding-wars tag-coronavirus\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-april-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-74330\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-768x512.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-300x200.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-1024x683.jpg 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-1536x1024.jpg 1536w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-2048x1365.jpg 2048w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave.jpg 1800w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-april-2022\/\" >\n\t\t\t\tHomebuyer Competition Falls for Second-Straight Month, Hitting Lowest Level in Over a Year\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tMay 18, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>61% of home offers faced bidding wars in April\u2014down from 63% a month earlier and 67% a year earlier\u2014as surging mortgage rates prompted buyers to<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-74221 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-coronavirus-housing-market-news category-housing-market-news tag-bidding-wars tag-coronavirus\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-march-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-768x582.jpg\" height=\"582\" width=\"768\" class=\"attachment-medium_large size-medium_large wp-image-74234 sp-no-webp\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-768x582.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-300x227.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-1024x776.jpg 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-1536x1164.jpg 1536w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-2048x1553.jpg 2048w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-scaled.jpg 1583w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/> <\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-march-2022\/\" >\n\t\t\t\tHomebuyer Competition Drops for First Time in Six Months Amid Surge in Mortgage Rates, Home Prices\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tApril 25, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>65% of home offers faced competition in March, down from 67% in February, as more buyers moved to the sidelines. Sixty-five percent of home offers<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<div class=\"e-load-more-anchor\" data-page=\"1\" data-max-page=\"10\" data-next-page=\"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/pages\/69510\/page\/2\/\"><\/div>\n\t\t\t\t<nav class=\"elementor-pagination\" aria-label=\"Pagination\">\n\t\t\t<span class=\"page-numbers prev\">&laquo; Previous<\/span>\n<span aria-current=\"page\" class=\"page-numbers current\"><span class=\"elementor-screen-only\">Page<\/span>1<\/span>\n<a class=\"page-numbers\" href=\"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/pages\/69510\/page\/2\/\"><span class=\"elementor-screen-only\">Page<\/span>2<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/pages\/69510\/page\/3\/\"><span class=\"elementor-screen-only\">Page<\/span>3<\/a>\n<span class=\"page-numbers dots\">&hellip;<\/span>\n<a class=\"page-numbers\" href=\"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/pages\/69510\/page\/10\/\"><span class=\"elementor-screen-only\">Page<\/span>10<\/a>\n<a class=\"page-numbers next\" href=\"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/pages\/69510\/page\/2\/\">Next &raquo;<\/a>\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e223ff7 elementor-grid-1 elementor-posts--thumbnail-left elementor-grid-tablet-1 elementor-hidden-phone elementor-grid-mobile-1 elementor-widget elementor-widget-posts\" data-id=\"e223ff7\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;1&quot;,&quot;pagination_type&quot;:&quot;numbers_and_prev_next&quot;,&quot;classic_columns_tablet&quot;:&quot;1&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-75118 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-housing-market-news tag-bidding-wars tag-housing-affordability\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-august-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC-768x576.jpg\" height=\"576\" width=\"768\" class=\"attachment-medium_large size-medium_large wp-image-75120 sp-no-webp\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC-768x576.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC-300x225.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC-1024x768.jpg 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC-1536x1152.jpg 1536w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/09\/514-3rd-St-NE-Washington-DC.jpg 1600w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/> <\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-august-2022\/\" >\n\t\t\t\tBidding-War Rate Drops to Lowest Level Since April 2020 As Mortgage Rates Surge\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tSeptember 23, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Just over 4 in 10 Redfin home offers faced competition in August, down significantly from a year earlier as 6% mortgage rates price buyers out<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-74858 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-coronavirus-housing-market-news category-housing-market-news tag-bidding-wars tag-coronavirus\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-july-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"768\" height=\"576\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135-768x576.jpg\" class=\"attachment-medium_large size-medium_large wp-image-74860\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135-768x576.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135-300x225.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135-1024x768.jpg 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135-1536x1152.jpg 1536w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/08\/3540-Greenshire-Ct-30135.jpg 1600w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-july-2022\/\" >\n\t\t\t\tHomebuyer Competition Falls to Lowest Level Since Early Months of Pandemic\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tAugust 12, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Higher mortgage rates and home prices are pushing some house hunters out of the market, leaving those who remain with more options and negotiating power.<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-74720 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-coronavirus-housing-market-news category-housing-market-news tag-bidding-wars tag-coronavirus\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-june-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-image-74722\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-768x432.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-300x169.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-1024x576.jpg 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-1536x864.jpg 1536w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/07\/3314-Far-View-Dr-1-2048x1152.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-june-2022\/\" >\n\t\t\t\tHomebuyer Competition Drops to Lowest Level in Over Two Years\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJuly 20, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>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<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-74530 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-coronavirus-housing-market-news category-housing-market-news tag-bidding-wars tag-coronavirus\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-may-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/06\/116-Joanne-Way-768x512.jpg\" height=\"512\" width=\"768\" class=\"attachment-medium_large size-medium_large wp-image-74532 sp-no-webp\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/06\/116-Joanne-Way-768x512.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/06\/116-Joanne-Way-300x200.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/06\/116-Joanne-Way.jpg 800w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/> <\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-may-2022\/\" >\n\t\t\t\tHousing-Market Competition Dropped to a 15-Month Low in May\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 17, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Surging mortgage rates and home prices are causing more buyers to back off. That means sellers are less likely to receive multiple offers\u2014but they\u2019ll also<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-74327 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-coronavirus-housing-market-news category-housing-market-news tag-bidding-wars tag-coronavirus\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-april-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-74330\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-768x512.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-300x200.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-1024x683.jpg 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-1536x1024.jpg 1536w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave-2048x1365.jpg 2048w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/05\/2945-N-Fairfield-Ave.jpg 1800w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-april-2022\/\" >\n\t\t\t\tHomebuyer Competition Falls for Second-Straight Month, Hitting Lowest Level in Over a Year\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tMay 18, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>61% of home offers faced bidding wars in April\u2014down from 63% a month earlier and 67% a year earlier\u2014as surging mortgage rates prompted buyers to<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-74221 post type-post status-publish format-standard has-post-thumbnail hentry category-bidding-wars category-coronavirus-housing-market-news category-housing-market-news tag-bidding-wars tag-coronavirus\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-march-2022\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-768x582.jpg\" height=\"582\" width=\"768\" class=\"attachment-medium_large size-medium_large wp-image-74234 sp-no-webp\" alt=\"\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-768x582.jpg 768w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-300x227.jpg 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-1024x776.jpg 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-1536x1164.jpg 1536w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-2048x1553.jpg 2048w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/04\/blake-wheeler-zBHU08hdzhY-unsplash-scaled.jpg 1583w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/> <\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.redfin.com\/news\/real-estate-bidding-wars-march-2022\/\" >\n\t\t\t\tHomebuyer Competition Drops for First Time in Six Months Amid Surge in Mortgage Rates, Home Prices\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tApril 25, 2022\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>65% of home offers faced competition in March, down from 67% in February, as more buyers moved to the sidelines. Sixty-five percent of home offers<\/p>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<div class=\"e-load-more-anchor\" data-page=\"1\" data-max-page=\"10\" data-next-page=\"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/pages\/69510\/page\/2\/\"><\/div>\n\t\t\t\t<nav class=\"elementor-pagination\" aria-label=\"Pagination\">\n\t\t\t<span class=\"page-numbers prev\">&laquo; Previous<\/span>\n<span aria-current=\"page\" class=\"page-numbers current\"><span class=\"elementor-screen-only\">Page<\/span>1<\/span>\n<a class=\"page-numbers\" href=\"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/pages\/69510\/page\/2\/\"><span class=\"elementor-screen-only\">Page<\/span>2<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/pages\/69510\/page\/3\/\"><span class=\"elementor-screen-only\">Page<\/span>3<\/a>\n<span class=\"page-numbers dots\">&hellip;<\/span>\n<a class=\"page-numbers\" href=\"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/pages\/69510\/page\/10\/\"><span class=\"elementor-screen-only\">Page<\/span>10<\/a>\n<a class=\"page-numbers next\" href=\"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/pages\/69510\/page\/2\/\">Next &raquo;<\/a>\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Housing Market News Bidding Wars<\/p>\n","protected":false},"author":12345,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"coauthors":[],"class_list":["post-69510","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Housing Market Bidding War News - Redfin<\/title>\n<meta name=\"description\" content=\"Curious about how competitive the housing market is? 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