Sunday, April 28, 2024 | The Latest Buzz for the Appraisal Industry

Bidding Wars Trend Down, but remain High

While bidding wars reached a pandemic peak in April, 60.3% of all offers written by Redfin in October experienced a bidding war, down from the 60.4% in September.  While the decrease in bidding wars is meager, Redfin expected this trend to continue from September due to the seasonal cooling of the market. But looking ahead, Redfin expects this number to plateau, if …

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