#Homebuying Competition #Increase for 9th Straight Month

Homebuying Competition Increases for 9th Straight Month

For the ninth consecutive month, more than half of all offers authored by Redfin real estate agents faced a competing bid, according to a monthly survey by Redfin. The COVID-19 pandemic and resulting surge in remote labor, for many Americans, continues to prompt a search for larger homes and relocation to more spacious environs, Redfin …

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