I’ve been reading lots of discussions about this topic, where buyers and sellers share their firsthand experiences with ongoing bidding wars. It seems like bidding wars definitely still happen, especially in competitive markets and with desirable property segments like residential and new-build homes. Many members point out that rate moves and local policy changes influence how frantic bids become, with negotiation tactics evolving too. Some markets show a distinct increase in bidding activity, particularly where supply is tight and demand is strong. Others note a quieter market where bidding wars are less common but still occur sporadically. The forums also cover how offers and closing sequences get more complex due to these competitive dynamics. Overall, the frequency of bidding wars depends a lot on the region, property type, and timing, but they continue to play a notable role in many markets.