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 is, like the rest of the economy now, mostly a winner-take-all business.
Ignoring online property price estimates is like ignoring your GPS because you think you know a quicker route. You're usually wrong.