With a nationwide housing shortage, home buyers have been increasingly forced to engage in
bidding wars for the few homes on the market.
Last year, the share
of bidding wars for the hottest apartments fell by more than half to a four - year low, adding to evidence that the market slowed down.
It is in these price points that we are seeing
bidding wars on and it makes sense because there are more buyers in these prices than there are above $ 600,000.
Investors are seeing a potential
bidding war over a company that runs a lottery business and betting on horse racing and sports matches.
The shortages helped boost home prices, but gave home buyers limited choices and
sparked bidding wars in many markets.
A real estate agent should be able to tell you ahead of time
if bidding wars are likely in your desired neighborhood.
The last piece of advice I give people looking to make big deals is to avoid
bidding wars at all costs.
But expect
bidding wars as the popularity of this neighbourhood has grown exponentially over the last few years.
The studio won a
heated bidding war with several other studios for this thriller about an American family who are in the middle of an Asian coup.
In the past year, major cities have occasionally
seen bidding wars — not for homes but for prime rentals, with choice units renting for higher than asking price.
The market was more competitive than they expected, and they
lost bidding wars on six properties.
They are attractive for those buyers and sellers who appreciate the discretion, want to
avoid bidding wars, and prefer to shop and sell year round rather than wait for auctions.
Multiple buyers competing for the same properties
causing bidding wars and driving up prices are becoming commonplace.
When I see the limited inventory and
bidding wars going on in so many markets, I think about what a great solution new homes offer.
In a seller's market, the days leading up to the first open house can create a buyer frenzy and a
potential bidding war for the home.
Buyers should understand if they're likely to
face bidding wars and a longer wait for more options to hit the market.
They may also lead to a decrease in the number of first - time home buyers,
fewer bidding wars in hot markets and changes in the move - up market.
Higher housing values, tight inventory levels, and all -
out bidding wars have yet to deter first - time buyers in major Canadian centres this year, says a...
That sounds like a win - win movie situation, both domestically and with overseas audiences, which might explain the
huge bidding war the script started.
She said properties are still
attracting bidding wars and selling for more than their asking prices, but by a much smaller margin — think $ 15,000, not six figures.
I also have been advised of
bidding wars now occurring even for rental properties.
And just like auctions, hold - back strategies typically turn into real
estate bidding wars, which push up prices.
Demand has remained strong throughout the summer as many real estate professionals are
reporting bidding wars with listings actually selling above listing price.
That
means bidding wars for desirable homes have become common again, putting pressure on buyers to spend more.
It shows that despite some drop - off over the last decade, homes sold
through bidding wars have still substantially increased their share of sales over the last two decades.
There aren't enough homes for sale that meet their needs, and those that are available are often the subject of high
price bidding wars.
Otherwise it wouldn't be a prestige project but another one of those critically acclaimed bestsellers that tend to
inspire bidding wars.
This made the buyers nervous because they had heard stories of
bidding wars driving prices up tens of thousands of dollars.
Although the majority of real estate professionals act ethically, the province did feel the need to create some new rules
around bidding wars in an effort to keep them more transparent.
It's a seller's market and it's hard to find the right house without getting into a
costly bidding war.
Many tax incentive deals are ad hoc, given to one major company and tailored to that company during a
national bidding war.
What is interesting is that there were a number of smaller works from lesser known artists that
produced bidding wars.
Unfortunately, it is probably not enough to stem the steady decline of homes for sale that is contributing to accelerating prices and
bidding wars across the country.
There was also the
brief bidding war and the massive success of 50 Shades, which had been indie first.
For instance, if 100 companies release higher emissions than they had planned for, they all have to buy more credits, which can create a very
expensive bidding war.
With
bidding wars easing in many markets, buyers may face less competition in their attempts to snag a home this winter.
Similarly, don't be discouraged if it takes months, multiple offers, and a
couple bidding wars to finally get your dream home.
Phrases with «bidding war»