Home offers facing competing bids have plunged over the past 6 months
Fewer homebuyers are facing even a single competing offer. Andwhen buyers find themselves in bidding wars, the field is lesscrowded, according to a report from RedfinIn Orlando, Florida, the share of home offers that faced at least one competing offer fellfrom 81 percent to 37 percent over the last
Housing Market Forecast for the Rest of 2022
Housing Market Forecast for the Rest of 2022 Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation
Want To Buy a Home? Now May Be the Time.
There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the h
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