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Home Bidding Wars Drop to 8 Year Low

September 8, 2019 By Vickie Hall

August saw home bidding wars drop to 8 year low.

August of last year saw a bidding war for homes on 42% of the offers. Last month the rate of offers involved in a bidding war is down to 10%.

That 10% from last month is the lowest biding war rate since 2011.

The national rate of bidding wars peaked in March 2018 at 59%

All good news for buyers.

To read more details click here.

Whenever you are ready, here’s some ways that I can help with your real estate goals:

1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search

2) Join me for a home tour – Home tours are Monday thru Saturday at 2:00 pm or 6:00 pm – choose your tour here

3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market – that way you can beat others to the best homes. Send me an email with “specific search” in the subject line and your wish list – Price range, school district, style, minimum number of bedrooms, etc. – [email protected]

4) Receive a Home Loan Report –There are so many different loan programs. Do you need 20% down payment to purchase a home? Are there special programs for first time home buyers? What does CHFA mean? What’s the difference between a FHA loan and a Conventional loan? Send me an email – – [email protected] with “Home Loan Report” in subject field and I’ll send it right over.

Also….check these out??

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Filed Under: Cherry Creek Vista Homes, Homes in Cherry Creek School District, Real Estate Tagged With: Homes for Sale in Cherry Creek School District, Vickie Hall RE/MAX Masters Millennium

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