The Dunnican AdVantage

What’s Going On with Bidding Wars?

f you are debating selling your home, you may not want to wait for additional competition as inventory continues to rise.
Posted by Cindy Dunnican on March 12, 2019 in  2019 Housing Market  Best Time To Sell  Housing Inventory  Selling A Home
What’s Going On with Bidding Wars? In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers who want to purchase a home. According to the Cambridge English Dictionary, bidding wars occur when two or more parties repeatedly outbid each other as they compete to purchase so... read more
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