Read my latest Bloomberg View column The Bidding Wars Are Back.
Hard to believe this is happening again…
Here’s an excerpt…
A relic from the days of the housing boom is making a comeback. The share of sales that feature bidding wars is up. According to the National Association of Realtors, 33 percent of all sales were at or above the asking price, a strong indication that more than one bidder was involved in a transaction…
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Tags: Listing Inventory, bidding wars, NAR, National Association of Realtors