Ep. 164 | Bidding Wars Fall To A One-Year Low
SUMMARY: Bidding wars fall to a one-year low, Zillow revises 2022 projections downward in May, and Derek Thompson believes that the housing market has peaked Sources: Bidding Wars Fall to a One-Year...
Bidding Wars Fall to a One-Year Low
As home prices and mortgage rates continue to rise, bidding wars are falling for the second-straight month, according to Redfin’s latest report…(Redfin) M-O-M: Nationwide, 60.7% of home offers written by Redfin...
Sweeten The Deal
“In this cutthroat environment, buyers are devising increasingly elaborate ways to stand out. Some agree to unusual seller requests to close a deal. Others are trying to ingratiate themselves by offering...
Ep. 136 | $100+ Over Ask
SUMMARY: 6,000 homes have sold for $100,000 over the asking price in just the last two months and mortgage delinquencies hit an all-time low… Source Homes Selling $100k Above Asking Double In...
Homes Selling $100k Above Asking Double in 2022
How hot is this current housing market? Nearly 6,000 homes in the US sold for $100,000+ over asking so far in 2022, according to Redfin’s latest report…(Redfin) Nationwide, 5,897 homes sold...
Low Inventory And High Competition
If you thought January was an extremely competitive month for housing you weren’t alone and you weren’t wrong, according to the latest data from Redfin…(Redfin) 70% of home offers written by...
Bidding Wars Fall To 2021 Low
The rate of homes facing bidding wars fell to a low not seen since the start of the year, according to Redfin’s latest monthly report…(Redfin) 58.9% of home offers written by...
Ep. 60 | The People Aren’t Buying What JPow’s Selling
Consumer expectations for inflation hit a series high proving that most people don’t agree with Jerome Powell that inflationary pressures are transitory, Bidding wars start to slow down, and rate locks...
Bidding Wars Slow
Good news for wannabe homebuyers. Bidding wars are not only down from their peak, but they are down from the same time last year, according to Redfin’s latest monthly report…(Redfin) 58.8%...
