Redfin
Homebuyer bidding wars heat up 1Q of 2020: Redfin
January 5, 2020
We expect about 1 in 4 offers to face bidding wars in the first quarter of 2020, compared to only 1 in 10 in 2019. This home buyer competition will push price growth up to 6% first half of 2020.
Real estate & U.S. economy are winner-take-all games, says Redfin CEO Glenn Kelman
July 29, 2019
Real estate is, like the rest of the economy now, mostly a winner-take-all business.