Nationwide, 68.6% of home offers written by Redfin agents faced bidding wars on a seasonally adjusted basis in February, according to a new report from Redfin. February’s bidding-war rate was the highest level in Redfin’s records, which date back to April 2020. It is up slightly from a revised rate of 68% in January and 60.2% a year earlier. On an unadjusted basis, February’s bidding-war rate was 71.4%.
“It’s the most competitive time in
I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
