Housing Shortage Brings Upsurge in Bidding Wars

Redfin, Seattle, said a majority of offers submitted by its agents faced competition in January, marking a return to widespread bidding wars that had largely dissipated over the past year.

Bidding Wars Remain at 10-Year Low

Redfin, Seattle, reported just 9% of offers written by its agents on behalf of their home buying customers faced a bidding war nationwide in December, down from 12% a year earlier and setting another new 10-year low.

Redfin: Bidding Wars at 10-Year Low in November

Redfin, Seattle said 10 percent of offers written by Redfin agents on behalf of their homebuying customers saw a bidding war in November, down from 29% a year earlier and hovering at the 10-year low for the fifth consecutive month.

Housing Market: ‘Silver Tsunami,’ or More Bidding Wars?

Seattle-based housing giants Zillow and Redfin take different approaches to market’s future, with Zillow predicting a “silver tsunami” as Baby Boomers get set to leave their homes, while Redfin sees constricted inventories presaging a return to bidding wars in many key markets.

Redfin: Bidding Wars Edge Up in September, Bucking Seasonal Trend

Redfin, Seattle, said just 11 percent of offers written by its agents on behalf of their home buying customers faced a bidding war in September, down from 41 percent a year earlier, but up slightly from the eight-year low of 10 percent in August.

Redfin: Bidding Wars Edge Up in September, Bucking Seasonal Trend

Redfin, Seattle, said just 11 percent of offers written by its agents on behalf of their home buying customers faced a bidding war in September, down from 41 percent a year earlier, but up slightly from the eight-year low of 10 percent in August.