Bidding Wars in the Suburbs - News Summed Up

Bidding Wars in the Suburbs


Advertisement Continue reading the main storyThe bidding wars that have become the norm in New York City are now also common in select suburbs within easy commuting distance. Mr. Miller said he suspects bidding wars may have been more prevalent in those towns a couple of years ago, while now, “Westchester is center stage.”PhotoMr. Miller’s firm does not cover New Jersey. Fairfield County and Long Island could not claim the same intensity in sales activity in the first quarter, Mr. Miller said. On Long Island, Garden City, Huntington, Levittown, Port Washington, Franklin Square and Manhasset showed signs of bidding wars on 1 percent to 3 percent of transactions. How to Win a Bidding War Tips for navigating a fast-moving market.


Source: New York Times June 17, 2016 09:00 UTC



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