Realtor.com report declares end of housing bidding war era, warns sellers on overpricing
By
, USA TODAY
Baker's choice. Dense with flavour, light on filler.
Summary
A new Realtor.com report declares the end of the long-running sellers' market in U.S. housing. The analysis finds that bidding wars have largely subsided, and overpriced homes no longer sell quickly but instead become stale, lose negotiating leverage, and ultimately sell for less than if priced correctly from the start. The report signals a major shift where sellers and agents can no longer assume a "free pass" on pricing, marking the end of what the authors call "the bidding war era."
Key quotes
· 3 pulledThe bidding war era is over.
Today, an overpriced home doesn't just sit – it gets stale, loses leverage, and sells for less than it would have if it had been priced right from the start.
For too long, sellers had a 'free pass' on pricing their homes.
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