Half of Homes Are Selling for Over Asking Price. Here’s How to Decide What to Bid

Home prices have always been negotiable. Usually, that has meant buyers pushing sellers below their asking price. But lately, in a nation marked by a record-low supply of homes for sale, the opposite has been happening.

Consider: half of U.S. homes sold for more than their list price during the four-week period ending May 16, according to Redfin. That marks a record high since 2012, when the brokerage began tracking.

Click here to read the full story.