that 54% of offers in July faced competition, the second straight month that bidding wars were over 50%. report by Realtor.com
broke down the top three most affordable metro areas where finding a home was easiest in July. To find these markets, Realtor.com looked at markets that had 10 active listings for every 1,000 households to find out how many homes were affordable to local buyers."The Southeast dominates because there's plenty of space and looser regulations on building, both of which mean it's less costly for developers to put up new housing to meet demand," the report reads.
The first on the list is the Baton Rouge metro area in Louisiana. As Realtor.com reported, this market ranked number one on its list of easiest markets to buy a home in.
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