bidding wars - Articles

Builders Hold Lotteries for Eager New Homebuyers

By Les Christie Demand among homebuyers is so high in some parts of the country that builders are holding lotteries to decide who gets to purchase homes in their developments. O'Brien Homes started holding a monthly housing lottery for its 228-unit development called Fusion in Sunnyvale, Calf., after seeing throngs of... Continue Reading »

5 Tips for Buyers Who Want a Million-Dollar Home

By Dolly Lenz Called the "Queen of Real Estate" and even "Jaws" for her aggressively successful tactics, super broker Dolly Lenz (pictured in the inset above) has sold over $8.5 billion dollars in high-end properties, catering to clients like Barbra Streisand, Billy Joel and P. Diddy. Now she's revealing five tips to... Continue Reading »

Cities Where Housing Bubbles Could Be Starting to Form

There are rumblings in the real estate world about whether we're entering another housing market bubble. We took a look recently at California and whether some frenzied homebuying activity there is a sign that a bubble is returning. The consensus remains that, on a national level, no, we are not in a housing bubble --... Continue Reading »

Housing Is Back! Best Moves for Homebuyers

By Beth Braverman Real estate has finally started to bounce back across the country -- even roar back in some places. Low mortgage rates and pent-up demand have coaxed buyers back into the market, and homeowners who list their houses are seeing more traffic. That quaint relic of the bubble, the bidding war, has... Continue Reading »

The Home Bidding Wars Are Back!

By Les Christie The bidding wars are back. Seemingly overnight, many of the nation's major housing markets have gone from stagnant to sizzling, with for-sale listings drawing offers from a large number of house hunters. In March, 75% of agents with broker Redfin said their clients' offers were countered by rival bids,... Continue Reading »

5 Ways to Get Your Home When Housing Inventory Is So Tight

By Brendon DeSimone The news is out. Real estate is back. Homebuyers are in the game again, but they're facing a huge inventory shortage in most markets. Some buyers make three or four offers on homes, only to keep losing out to other buyers. In this tight market, buyers and real estate agents need to think outside the... Continue Reading »

Homebuyers Struggle to Find New Digs as Inventories Shrink

Editor's note: This is the first of a two-part series on the impact of shrinking inventories on buyers and sellers. In Part 1, Inman News reporter Andrea V. Brambila looks at how the scarcity of of listings in many markets is affecting buyers. Part 2 will look at impacts on sellers. Homebuyers nationwide are discovering... Continue Reading »

First-Time Homebuyers: Avoid a Bidding War

The housing outlook for 2011 remains murky for countless first-time homebuyers looking to make their move, but there are signs of a recovery amid the doom and gloom. Ever thought you'd hear the words "bidding war" in a housing context again? According to AnnaMaria Andriotis at SmartMoney, sellers in some major markets are... Continue Reading »

AOL RealEstate on Facebook