Homebuyers faced bidding wars on 70% of deals in January. Now it’s only 50% of deals.

The rate of homebuyers facing bidding wars dipped below 50% in June. This is a nice shift toward a more buyer-friendly market. Click the Redfin link to get bidding war rates for your city.

___
Check It Out:

– Homebuyer Competition Drops to Lowest Level in Over Two Years