Bidding Wars are Heating Up - San Diego Near the Top of the List

A report from the brokerage Redfin shows that more than half of its offers -- 54% -- saw multiple offers for homes in June.

San Diego was 2nd (Boston was 1st) among the metro areas tracked with the most bidding wars in June, with 65.7% of offers facing bidding wars. Bidding wars have been reportedly growing since May, as many states began to reopen after being mostly on lockdown during the initial onset of the COVID-19 pandemic.

To read more in the article from REALTOR® Magazine, click here.