Saturday, March 11, 2023

10 Housing Markets Where Bidding Wars Are Disappearing

Home in Las Vegas
JKH Photos / Shutterstock.com

Home sales have improved a bit, but many buyers remain cautious about wading into the market, according to newly released findings from real estate brokerage firm Redfin. In January, pending home sales rose 0.5% from a month earlier. However, they fell by 29.4% year over year on a seasonally adjusted basis. Bidding wars also are on the wane. The share of home offers written by Redfin agents that...



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