A dealer in the Los Angeles area describes bidding wars for the few vehicles that are on the lot.
Homes are staying on the market a few more days. Plus, there are more new listings and fewer bidding wars.
"This is not a sprint, this is a marathon," one real estate broker tells her clients. But for some homebuyers, the race is just too long.
Real estate brokerage Redfin says just one in ten offers faced competition in October.