Bidding Wars For Homes Return

With low prices and lower inventory, bidding wars have returned to some metro Atlanta neighborhoods.  We’ve read about it in the news, and we’ve seen it first hand with many of our clients making offers on properties and being outbid by more than one prospective buyer.  This seems to be the trend especially for desirable intown neighborhooods with good public schools and nearby amenities.  Many properties receive multiple offers the day they go on the market and are selling above list price.

This is good news for the intown real estate market.  But, if you’re looking to buy a home, you need to be ready to make an offer as soon as you see the home.  And with inventory so low, now may be the right time to sell.  If you’re thinking of selling your home, give us a call.

Justin Landis – 404-803-0471

 

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