So long are the days of competitive buyers and numerous bids — at least for now. A new report finds that homebuyers today are facing much less competition from other prospective buyers than they did a year ago, another sign indicating a slowdown. In the first three weeks of March, about 16 percent of buyer offers faced a bidding war, according to a new report from Redfin. That’s down from 61 percent last year, CNBC […]
source https://therealdeal.com/la/2019/03/31/bye-bye-bidding-wars-slowing-market-brings-less-competition-for-buyers/#new_tab
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