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The market might be decelerating; however, homes are still appreciating”
The market might be decelerating; however, homes are still appreciating” 📈
One of the top stories in recent real estate
headlines was the intensity and frequency of bidding wars.
With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up.
If you tried to buy a house over the past two years, you probably experienced this firsthand and may have been outbid on several homes along the way. 🏘️🏘️
But here’s the news you’ve been waiting for: data shows clear signs bidding wars
are easing this year. 💥💥💥
According to the National Association of
Realtors (NAR), the average number of offers on recently sold homes
has declined
#ListWithUs2022 #whatshappeningnow
#ListwithAndy2023 #buywithandy
#Andyinvestorfriendlyagent
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