Has overbidding become the norm in the US housing market?
With the pandemic currently happening, this has contributed to bidding wars in the housing market across the United States. While some metropolitan areas such as New York City, San Francisco, and Miami have had overbidding ingrained in the housing market since the early 2000s, for many small and rural areas this is something entirely new. Bidding wars for homes are off the charts are home prices are rising rapidly. Many longtime home searchers, they’re unable to get a house due […]