{"id":781734,"date":"2022-04-26T08:01:16","date_gmt":"2022-04-26T06:01:16","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/redfin-reports-homebuyer-competition-drops-for-first-time-in-six-months-amid-surge-in-mortgage-rates-home-prices\/"},"modified":"2023-07-10T21:59:19","modified_gmt":"2023-07-10T19:59:19","slug":"redfin-reports-homebuyer-competition-drops-for-first-time-in-six-months-amid-surge-in-mortgage-rates-home-prices","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/redfin-reports-homebuyer-competition-drops-for-first-time-in-six-months-amid-surge-in-mortgage-rates-home-prices\/","title":{"rendered":"Redfin Reports Homebuyer Competition Drops for First Time in Six Months Amid Surge in Mortgage Rates, Home Prices"},"content":{"rendered":"65% of home offers faced competition in March, down from 67% in February\n\nSEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) \u2014Sixty-five percent of home offers written by Redfin agents faced competition on a seasonally adjusted basis in March, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That is down from a revised rate of 66.7% in February, marking the first month-over-month decline since September\u2014a sign that demand is starting to cool as soaring mortgage rates and housing prices prompt some buyers to back out of the market.\n\n\n\nStill, bidding wars remained more common than they were a year earlier, when 62.2% of offers encountered competition. On an unadjusted basis, March\u2019s bidding-war rat<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>65% of home offers faced competition in March, down from 67% in February SEATTLE&#8211;(BUSINESS WIRE)&#8211;(NASDAQ: RDFN) \u2014Sixty-five percent of home offers written by Redfin agents faced competition on a seasonally adjusted basis in March, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That is down from a revised rate of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-781734","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Redfin Reports Homebuyer Competition Drops for First Time in Six Months Amid Surge in Mortgage Rates, Home Prices - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/redfin-reports-homebuyer-competition-drops-for-first-time-in-six-months-amid-surge-in-mortgage-rates-home-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Redfin Reports Homebuyer Competition Drops for First Time in Six Months Amid Surge in Mortgage Rates, Home Prices - BeBeez\" \/>\n<meta property=\"og:description\" content=\"65% of home offers faced competition in March, down from 67% in February SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) \u2014Sixty-five percent of home offers written by Redfin agents faced competition on a seasonally adjusted basis in March, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. 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