Thursday, October 15, 2009

Realty Corner - Multiple Offers are BACK

Thinking of selling your home?...Here is what is happening:
- Buyers are searching frantically to buy homes
- Mortgage rates remain low and affordability at an all time high
- Very low inventory of homes on the market
...all of above are generating multiple offers on a lot of properties with homes selling well above the asking price.

Since mid-August, I have no put in 10 offers, with 8 going as multiples...winning a grand total of 2...Last night brought on another multiple offer situation with my client and I ending up with the winning bid...

Thinking of selling your home?...Call me today...

Catch me on the web @ Raj Bajwa

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