Redfin says we’ll see less bidding wars this year



Bidding wars are unlikely to be as commonplace this year as they face less competition due to growing inventories in many markets, according to a new Redfin analysis. In April, just 15% of offers faced competing bids, Redfin said. That’s down 60% from a year ago, it added. The reduced competition is even being felt […]

Why writing a personal offer letter may not be such a great idea



Demand for homes in some parts of the country is so great that many of the best listed properties are subject to so-called bidding wars, with numerous buyers all vying to get the seller’s attention. In some cases, bidders are even writing personal offer letters directly to sellers to try and win them over. But […]

Expect fewer bidding wars on the West Coast this year, Redfin says



Home buyers on the west coast are less likely to face a bidding war than in previous years, according to a new study from the online real estate brokerage Redfin. What’s more, they also have a better chance of winning the first home they make an offer on than buyers in other parts of the […]

How To Create a Financed Offer that Wins Bidding Wars



If you’ve bought a home recently, you probably participated in a bidding war. Bidding wars are a reality in virtually all real estate markets today as there is high demand for properties and low inventory everywhere. Consider this situation: Mark (40) and Nina (35) found themselves in a bidding war in Charlotte, NC. Expecting their […]

Buyers are going all-out to win bidding wars



What with buyer demand reaching epic levels amid the ongoing housing inventory crisis, some shoppers are stretching their budgets to the max.

Tips for Real Estate Bidding Wars



You know the market and neighborhood where you are submitting a purchase offer. You know if you should expect a bidding war or not. Having this information in your hip pocket can make a big difference as the early spring market begins heating up

Parents are refinancing their homes to help their kids win ‘bidding wars’



With bidding wars becoming increasingly prevalent in a housing market that’s plagued by low inventories, some parents and their adult children are teaming up to help them better compete.

Get ready for intense bidding wars this spring



Bidding wars are set to be the hallmark of this year’s selling season. Home listings are drying up yet buyer demand remains high, which means shoppers are set to face intense competition this spring

Making multiple offers on homes is a bad strategy, real estate pros say



With home inventories getting tighter, more buyers are entering into bidding wars as they compete for the few available properties on the market.

Four Reasons Why A Home Won’t Be Listed Yet



Low inventories continue to plague housing markets across the country, as buyers face limited options and more bidding wars. But with home prices rising, more sellers are starting to put their homes on the market.