Redfin: Bidding wars fall to 8-year low in August

Redfin: Bidding wars fall to 8-year low in August
Reaching a historic new low, only 10.4% of offers written by Redfin agents in August faced a bidding war. Last month, that number was 11.4%. Last year, that number was at 42%. This is the lowest bidding war rate on record since 2011, according to Redfin.
Source: https://www.housingwire.com/rss