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Homebuyer Competition
Ticked Up in February;
Hitting Record High
Published en March 18,2022 by Llllkalz
Bidding wars are intensifying at
a slower pace than they were at
the start of the pandemic:
Nationwide;68.6%0 0f home offers written by
Redfin agents faced bidding wars on a seasonally
adjusted basis In February
~the highest level in
Redfins records; which date back to April 20201
Thati s up slightly from a revised rate 0f 682 int
January and 60.20a year earlier: On ani
unadjusted basis; February's bidding-war rate
was 71.4%:
Homobuyer Compatition Remainn Ficrco in Fobrunry
Paain Nomt Oiat Uttane' Cona
2mics