![Tampa, Florida home](https://www.moneytalksnews.com/workers/images/width=1920/wp-content/uploads/2022/08/24222238/shutterstock_131550047-scaled.jpg?s=e925fcf4707c73655409116b52cdfc815a1e669f9ddf047113687a7cf905a0d3)
During the last month of summer, the formerly red-hot U.S. housing market cooled considerably, causing bidding wars to disappear from coast to coast. Such bidding wars — meaning at least two people bid on a home — were the rule earlier this year and last year. But in August, just 44.6% of home offers written by Redfin agents nationwide featured bidding wars, down from 63.5% a year ago...
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