Record low mortgage-rates prompt bidding wars for potential homebuyers. Agents from Redfin report 54% of home offers in July 2020 faced competition. That’s down slightly from June’s 56%, but it marks the third month running that more than half of Redfin’s home offers faced competition—this, according to data journalist Lily Katz, for Redfin. Negotiations enter ...
The post Bidding Wars Continue Over Most Homes on the Market appeared first on theMReport.com.