According to Houston Association of Realtors data, while supply for homes was still down in the week ending May 18, demand had largely recovered. According to Houston Association of Realtors data, while supply for homes was still down in the week ending May 18, demand had largely recovered. Photo: Nancy Sarnoff Photo: Nancy Sarnoff Image 1 of / 1 Caption Close Image 1 of 1 According to Houston Association of Realtors data, while supply for homes was still down in the week ending May 18, demand had largely recovered. According to Houston Association of Realtors data, while supply for homes was still down in the week ending May 18, demand had largely recovered. Photo: Nancy Sarnoff Tight residential market leads to bidding wars 1 / 1 Back to Gallery While the novel coronavirus and its resulting economic crisis has led homeowners to withdraw their homes from the market, people are still looking to buy. That has led to a tighter housing market and more bidding wars, says the brokerage Redfin. More than 40 percent of the homes that Redfin real estate agents placed offers on in the four weeks ending May 10 faced competition from other offers. Thirty-four percent of… Read full this story
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