Bidding wars continued in the D.C.-area housing market in October and that’s continuing to push prices higher.
Real estate firm Redfin reported that 65.7% of its buyers in the D.C. region faced competing bids on the homes they made offers on this October.
That ranks the D.C.-area fifth in the nation for multiple offers on residential properties last month, behind Salt Lake City, Utah, San Diego, San Francisco and Austin, Texas.
Multiple offers remain common across the country.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP
