Homebuyer Bidding-War Rate Drops to Lowest Level Since JanuaryJuly's slowdown comes amid a broader cooling in the housing market, which is being driven by an increase in supply.
SEATTLE, Aug. 16, 2021 -- In July, 60.1% of home offers written by Redfin agents faced competition, down from a revised rate of 66.5% in June and a pandemic peak of 74.1% in April, according to a new report from Redfin, the technology-powered...
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