Seventy percent of home offers handled by Redfin agents faced bidding wars, up from 67.1 percent in December 2021 and 60 percent in January 2021, the highest rate since Redfin began tracking the data in April 2020.
Read more here:: https://www.inman.com/2022/02/23/more-bidding-wars-arose-in-january-than-any-other-time-during-covid/
