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Home sellers are facing a summer from hell

By Ilene
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Deliormanli/Getty, Olivier Verriest/Getty, Andrei Akushevich/Getty, Tyler Le/BI

Home sellers are facing a summer from hell

The age of insane bidding wars and desperate dealmaking is coming to an end.

 

The past few years were very good to people who decided to sell their homes. The massive relocation shuffle meant most homes hitting the market were the subject of bidding wars. Rich baby boomers jumped in with all-cash offers, and sellers scored huge windfalls as weary buyers pushed prices to new heights. There was no question who had the upper hand.

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