
3 in 5 Home Offers Faced Bidding Wars in December, Even Amid Holiday Slowdown
Many homebuyers are writing upwards of five offers before finding success as remote work, an ongoing housing shortage and low mortgage rates fuel bidding wars.
As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.

Many homebuyers are writing upwards of five offers before finding success as remote work, an ongoing housing shortage and low mortgage rates fuel bidding wars.

Digital currencies are becoming an increasingly common payment method as millennials rush the housing market. One in nine first-time homebuyers (11.6%) surveyed in the fourth

Rising rates will likely drive up housing-market competition in the short term.

Eight of the places on the annual top 10 list are in Florida, which is luring scores of house hunters in search of sunshine, low

Pocket listings—homes sold without being marketed publicly—have become more common since 2019, according to a survey of agents. 2.3% of homes listed in the third

30% of Redfin.com users looked to move metros last month, down from 32% at the start of 2021 but still above the 26% share we

Many homebuyers are writing upwards of five offers before finding success as remote work, an ongoing housing shortage and low mortgage rates fuel bidding wars.

Digital currencies are becoming an increasingly common payment method as millennials rush the housing market. One in nine first-time homebuyers (11.6%) surveyed in the fourth

Rising rates will likely drive up housing-market competition in the short term.

Eight of the places on the annual top 10 list are in Florida, which is luring scores of house hunters in search of sunshine, low

Pocket listings—homes sold without being marketed publicly—have become more common since 2019, according to a survey of agents. 2.3% of homes listed in the third

30% of Redfin.com users looked to move metros last month, down from 32% at the start of 2021 but still above the 26% share we