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LOWEST MORTGAGE REFINANCE
Cities With The Most Bidding Wars
RATES
Real Estate
On Home Offers In February 2022,
REFINANCE RATES TODAY
Everything you need to know about
Ranked
the market, development and future of
HOME REFINANCE RATES
Submitted by
Adwalt
day &g0 via
rexincom
real estate
Redlfin agents said that nearly two-thirdls of their home offers involved
bidding war:
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In February 2022, the percentage of home offers on Redfin properties that faced bidding wars was
TreNDING OdiGG
68.6 precent; compared t0 60.2 percent during the same time last year: In April 2020
only 32.7
percent of offers had bidding wars.
Competition will likely plateau or even decline if rates keep
Read The Latest News From The
increasing as expected
Monthly mortgage payments for new buyers are already at a record high: As
Russian Invasion Of Ukraine
Here
they continue t0 creep Up; some buyers will move t0 the sidelines,
said Daryl Fairweather; Redfin's
29.7k reads
tilpa
chief economist:
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87.5 percent of home offers in El Paso (TX) saw bidding wars
the highest percentage in the US.
New
Grant Brunner
Buyers in Denver (83 percent), Minneapolis (81.1 percent), Raleigh (80 percent)
the Bay Area
(79.9 percent) followed.
How Should [ Explain To My
Greensboro (25.9 percent), Bakersfield (39.4 percent) , Cleveland (46.4 percent) , Jacksonville (46.7
Children That I'm Shunning Our
Friends Because They Own A
percent) and Allentown (52.2 percent) were among the least competitive markets:
Novel Written For Adults, And
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Homes
priced between S1-L.5M had the highest chances of competition; where those under
79k reads
Digg Editors
$200k had the
east
and