Redfin’s Red Flag: Homebuyer Bidding War Rate Has Collapsed To Lowest Level In 10 Years

A new Redfin report specifies that only 10% of all offers written by Redfin agents on behalf of their homebuying clients faced a bidding war in October, down from 39% the same time last year and now at a 10-year low. Not even a plunge in mortgage rates this year could attract new buyers.   […]
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