Redfin: Bidding war competition drops to 10-year low in October

Nov 13, 2019 |

Although the nation’s low-interest rates continue to drive purchasing demand, a report from Redfin indicates America’s bidding competition weakened in October.  According to the company, 10% of purchasing offers made on its site faced a bidding war during the month. Not only is this percentage down from last year’s rate of 39%, but it also marks a 10-year-low. […more]

Posted in: San Francisco

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