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Home / Inside Tract / Redfin Report: National Bidding War Rate on Homes Hit a 10-Year Low in October (access required)

Redfin Report: National Bidding War Rate on Homes Hit a 10-Year Low in October (access required)

Nationally, just 10 percent of offers written by Redfin agents on behalf of their homebuying customers faced a bidding war in October, down from 39 percent a year earlier and now at a 10-year-low, according to a new report from (www.redfin.com). However, low mortgage rates and a lack of homes for sale point to a ...

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