The Bidding Wars Are Back: 33% of Home Sell Above Ask

The Bidding Wars Are Back: 33% of Home Sell Above Ask

A relic from the days of the housing boom is making a comeback. The share of sales that feature bidding wars is up. According to the National Association of Realtors, 33 percent of all sales were at or above the asking price, a strong indication that more than one bidder was involved in a transaction. That rate is the highest since 2006.

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