Not Enough Supply for Current Buyer Demand




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For the longest time buyers have been able to enjoy a strong buyers market, particularly after the housing industry crashed in 2007 causing prices to plummet and too many homes on the market. But today it’s a completely different story and sellers are the ones enjoying the benefits with fewer homes than ever before for sale.

Buyers Competing Against Each Other
Buyers are pulling out all the stops when it comes to getting the home of their liking. In some areas, we are seeing so much competition that sellers are selling their home at or above their asking price. So much competition can only mean good things for sellers and now is the time to seize the opportunity!

Multiple Offers and Bidding Wars Are Back
One result of all the competition faced by buyers these days is multiple offers on one single property. In fact, some sellers are seeing more than two offers on their home. The advantage of course it they can demand more money and another advantage of this market for sellers is that their home will likely sell quickly.

Sellers Can Be Choosy Again
Nicely done homes that are in great locations and are priced right are getting a lot of attention. With all that attention and multiple offers comes the opportunity for sellers to be picky. When a cash offer with no seller concessions requested is compared to an FHA or RD loan that might take a lot of extra time to process – the options are comforting for sellers.

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If you have been on the fence about selling your home – trust me, now is the time to think again! Not only will you likely sell it faster but also for more money and without much hassle. Contact us today and we’ll get right to work helping you sell your home with success!

770-396-6100

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