Record low mortgage rates, a low inventory of homes for sale, and antsy buyers are creating bidding wars across the country. 

Single-family homes were the most likely to receive competing offers in July and online searches for single-family homes were at their highest level in four years.   

An analysis of different markets showed that Salt Lake City, San Francisco, and San Diego are the most competitive markets while Las Vegas had the lowest competitive rate.

Read the full article here. 


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