Tag Archives: Get Ready for Big Bidding Wars This Spring

With tighter inventories of homes for sale, buyers are finding increased competition through bidding wars. But the bidding may not be between only one or two other buyers — more bidding wars are popping up where dozens or even hundreds of other buyers are all competing for the same property. “The only question is not whether a new listing will get multiple bids but how many it will get,” Kris Vogt, who manages Coldwell Banker offices in the Sacramento area, told CNNMoney. For example, a home in Elk Grove, Calif., […]