Real Estate Marketing & Beyond

Real Estate Resource

A Seller's Guide to Navigating Bidding Wars

By Jamie Richardson | September 7, 2020

Home Buying, US Real Estate

Home buyer demand reaches new highs

By Mike Wheatley | August 31, 2020

Housing inventory in the U.S. has fallen by 37% since just one year ago. Meanwhile, the increased demand among buyers has led to more bidding wars and a very rapid pace of sales, realtor.com said in its latest Weekly Recovery Report. Now, homes are selling nine days faster than they were a year ago, even […]

Home buyers warned to expect "fierce competition" this summer

By Mike Wheatley | July 17, 2020

Low numbers of homes listed for sale will combine with record low interest rates to create a competitive home shopping summer, realtor.com said in its Weekly Recovery Report ending July 11. The housing market is getting closer to pre-pandemic levels, Realtor.com’s index revealed. It reached 98.5 this week, which is just 1.5 points below its […]

Featured News, US Real Estate

Bidding wars fall to 10-year low, but the respite won't last long

By Mike Wheatley | November 19, 2019

Yet more evidence has emerged that now is a great time to buy, with Redfin saying that bidding wars, in which multiple buyers compete to buy a home, are at their lowest point in 10 years. Redfin says in its latest report that just 10% of offers on homes sold via its real estate agents […]

Home Buying, Home Sales, US Real Estate

Experts warn falling inventories could lead to a return to bidding wars

By Mike Wheatley | July 10, 2019

Bidding wars and faster home sales could soon become the norm again if the latest forecast on home inventories by realtor.com holds true. The report forecasts that the number of homes for sale in the U.S. is set to decline again in the next few months, limiting the bargaining power of buyers until well into […]

Home Buying, US Real Estate

Redfin says we'll see less bidding wars this year

By Mike Wheatley | May 16, 2019

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 […]

Home Buying, US Real Estate

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

By Mike Wheatley | April 26, 2019

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

By Mike Wheatley | April 18, 2019

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 […]

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