Tag Archives: Bidding

Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic.  According to Redfin, 44.3% of home offers written by their agents faced competition in July 2022. This seasonally-adjusted ...

It seems that rising interest rates and record-high home prices are finally starting to affect the market as fewer homes received competing bids in March than they did in February.  According to Redfin, an online real estate brokerage, 65 percent ...

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 ...

Despite a general cooling down in competition, a new survey found that buyers in these ZIP codes remain in a bidding war for prime properties.

“Historically, investors and servicers have encountered significant information gaps in bidding on whole loan portfolios and making strategic servicing decisions,” said Dillon Vestal, VP, Advisory Services for CoreLogic. “CLEAR creates efficiencies, saving time and, ultimately, costs associated with accessing needed data and analytics in a timely, consumable fashion.”