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WSJ on Housing: "Bidding wars are back"

Earlier today from Nick Timiraos at the WSJ: Stunned Home Buyers Find the Bidding Wars Are BackA new development is catching home buyers off guard as the spring sales season gets under way: Bidding wars are back. ... From California to Florida, many buyers are increasingly competing for the same house. Unlike the bidding wars that typified the go-go years and largely reflected surging sales, today's are a result of supply shortages.
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Friday Afternoon Links

Business & Finance : Carpe Diem (2 years ago)

1. Stunned Home Buyers Find that Bidding Wars Are Back, As Housing Demands Picks Up After Long Six-Year Slump. 2. Consumers Energy Reduces Natural Gas Prices for 1.7 Million Customers in Michigan to the Lowest Level Since 2003, Savi... Read Post

Forget Lowballing: Bidding Wars Return in Hot Housing Markets

Business & Finance : The Curious Capitalist (last year)

Are buyers being manipulated into overbidding for the relatively few attractive homes on the market? Earlier this year, the National Association of Realtors (NAR) announced that the number of homes for sale in the U.S. had reached a... Read Post

Southern California home prices up 25% over last May

Business & Finance : Money & Co (last year)

Southern California’s housing recovery barreled forward last month, pushing prices and sales to levels not seen in years as buyers faced stiff competition during the spring home buying season. Read Post


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