Observatoire des droits humains (anglais seulement)

Winning a bidding war isn’t always a win, research on 14 million home sales shows

(Version anglaise seulement)

par Soon Hyeok Choi, Assistant Professor of Real Estate Finance, Rochester Institute of Technology

In today’s hot housing market, winning a bidding war can feel like a triumph. But my research shows it often comes with a catch: Homebuyers who win bidding wars tend to experience a “winner’s curse,” systematically overpaying for their new homes.

I’m a real estate economist, and my colleagues and I analyzed nearly 14 million home sales in 30 U.S. states over roughly two decades. We found that people who paid more than the asking price for their homes – a…

Lire l'article complet