By Tamra Haase A seller’s market arises when demand exceeds supply. In other words, there are many interested buyers, but the real estate inventory is low. Since there are fewer homes available, sellers are at an advantage. In a seller’s market, homes sell faster, and buyers must compete with each other in order to score a property. These market...
By Tamra Haase We are on the fence, should we or shouldn’t we sell right now? Seller’s Market Won’t Last Forever and Higher mortgage rates could compound this effect. Both of these factors — but especially home prices reduce buyer demand as we move further into 2021 . It’s currently a great time to make your move and put on the...
By Tamra Haase In our current real estate market, you are probably hearing and seeing this in the real estate craziness.In some situations, sellers will have several competing purchase offers to consider. Sellers have several ways to deal with multiple offers. Sellers can accept the “best” offer; they can inform all potential...
