{"id":5828,"date":"2013-12-30T14:02:44","date_gmt":"2013-12-30T14:02:44","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=5828"},"modified":"2013-12-30T14:02:44","modified_gmt":"2013-12-30T14:02:44","slug":"buyers-facing-fewer-bidding-wars","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/buyers-facing-fewer-bidding-wars\/","title":{"rendered":"Buyers Facing Fewer Bidding Wars"},"content":{"rendered":"<h2>Buyers Facing Fewer Bidding Wars<\/h2>\n<div id=\"attachment_5829\" style=\"width: 400px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/12\/ID-100214996.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-5829\" class=\"size-full wp-image-5829\" alt=\"Buyers Facing Fewer Bidding Wars.  Image courtesy of  Stuart Miles \/ FreeDigitalPhotos.net\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/12\/ID-100214996.jpg\" width=\"400\" height=\"375\" srcset=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/12\/ID-100214996.jpg 400w, http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2013\/12\/ID-100214996-300x281.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><p id=\"caption-attachment-5829\" class=\"wp-caption-text\">Buyers Facing Fewer Bidding Wars. Image courtesy of Stuart Miles \/ FreeDigitalPhotos.net<\/p><\/div>\n<p>With bidding wars easing in many markets, buyers may face less competition in their attempts to snag a home this winter. That&#8217;s according to the latest Bidding War Report by the real estate brokerage Redfin.<\/p>\n<p>According to the report, competition for homes hit its lowest point since 2011 last month. About 51 percent of Redfin agents nationwide reported facing bidding wars in November, down from 63.6 percent a year earlier. The home-buying competition rate has dropped for eight straight months, after peaking in March at 75.3 percent.<\/p>\n<p>Still, the brokerage\u2019s report does show demand growing stronger than expected at the end of the year. \u201cHome buyers who failed to get an offer accepted early in the year have been stockpiling down payment money all year long,\u201d says Amber Hancock, manager of Redfin\u2019s San Francisco East Bay market. \u201cThey\u2019re jumping back in this time as better qualified, more confident competitors, taking advantage of the easing late-fall market.\u201d<\/p>\n<p>Buyers are still using competitive strategies to get the house they want\u2014with the use of all-cash offers, waived financing and inspection contingencies, and personal cover letters becoming more common in November, Redfin reports.<\/p>\n<p>The two markets that saw the largest month-over-month decreases in competition were Seattle and Orange County, Calif. Meanwhile, bidding wars heated up in November in Washington, D.C., San Diego, Baltimore, and Los Angeles.<\/p>\n<p><em>Source: <a href=\"http:\/\/blog.redfin.com\/blog\/2013\/12\/home-buying-competition-in-november-hit-lowest-level-since-2011.html\" target=\"_blank\">Redfin<\/a><\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buyers Facing Fewer Bidding Wars With bidding wars easing in many markets, buyers may face less competition in their attempts to snag a home this winter. That&#8217;s according to the latest Bidding War Report by the real estate brokerage Redfin. According to the report, competition for homes hit its lowest point since 2011 last month. &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/buyers-facing-fewer-bidding-wars\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-5828","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Buyers Facing Fewer Bidding Wars - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/buyers-facing-fewer-bidding-wars\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Buyers Facing Fewer Bidding Wars\",\"datePublished\":\"2013-12-30T14:02:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/\"},\"wordCount\":256,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/ID-100214996.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/\",\"name\":\"Buyers Facing Fewer Bidding Wars - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/ID-100214996.jpg\",\"datePublished\":\"2013-12-30T14:02:44+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-facing-fewer-bidding-wars\\\/#primaryimage\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/ID-100214996.jpg\",\"contentUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/ID-100214996.jpg\",\"width\":400,\"height\":375,\"caption\":\"Buyers Facing Fewer Bidding Wars. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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