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