Real estate bidding wars aren’t going away, experts say

3 marzo 2015

Frenzy, frustration and disappointment are what home buyers have come to dread about real estate bidding wars. They’d better get used to it, suggests a new study. Once a rarity — representing between 3 and 4 per cent — homes sold through bidding wars tripled their market share during the real estate boom between 1995 and 2005, says the paper.