Saturday, June 18, 2016

10 Signs You're in a Competitive Real Estate Market

http://www.msn.com/en-us/money/realestate/10-signs-youre-in-a-competitive-real-estate-market/ar-BBr3uUl

Even though our area has slowed a bit this year, anything under 300,000 is still subject to many of these situations.  Buyers need to be ready and realistic!
  1. Cash is king
  2. Bidding wars? You betcha
  3. A city so hip it hurts (your pocketbook)
  4. Escalation clauses
  5. All about the extras
  6. Sell price soars above asking price
  7. Multiple offer
  8. Snatched off the shelf
  9. “Tidal wave” neighborhoods
  10. Offer deadlines

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