Saturday, 1 October 2022 | The Latest Buzz for the Appraisal Industry

House Hunters Face Fierce Bidding Wars

House hunters, especially those seeking a higher-end single-family home, should be prepared for some fierce competition. It is nothing new. Countrywide, 60.9% of home offers written by Redfin agents in February faced competition, up a little from  59.3% in January—that makes 10 straight months in which more than half of Redfin offers encountered competition. Indeed, …

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