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IT'$ GETTING HOT IN HERE
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LIFe IS GOOD
Cities With The Most Bidding Wars
Real Estate
On Home Offers In February 2022,
Everything you need to know about
Ranked
the market, development and future of
Submitted by
Aclwait
day ag0 via
redfin com
real
estate
Redfin agents
that nearly two-thirds of their home offers involved
bidding war:
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The Lede
In February 2022, the percentage of home offers on Redfin properties that faced bidding wars was
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68.6 precent; compared to 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
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they continue to creep up, some buyers will move to the sidelines,
said Daryl Fairweather; Redfin's
29.7k reads
tilpa
chief economist:
Key Details
Huckberry's The Only Place
You'Il Find This Modern Ultra-
Soft Jean Jacket
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) and 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 SI-1.5M had the highest chances of competition; where those under
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Digg Editors
$200K had the least:
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Additional submission from Adwait:
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jamescrugnale
America's Youth Have
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Submitted
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Birding
of all things, has enjoyed an ascendant rise in popularity since the start of the
pandemic
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said