If you’re searching for a home this spring, get ready for a fight.
Bidding wars are likely because mortgage rates are low, demand is strong, and the amount of homes for sale is down – way down.
“January has already been strong with prices up, home sales up, (and) listings …down quite a bit,” says Daryl Fairweather, chief economist with RedFin. “So homebuyers are more likely to face competition.” She thinks sales will still be strong, simply because more buyers will pull the trigger on buying homes.’
Your search results