Showing posts from May, 2018

Real Estate News - May 2018

Brought to you by John Collura.Submitting Creative Bids During the Spring Market FrenzyIt's that time of year again. The spring market is in full swing and crowds of buyers are fighting over their dream house—or at least the closest thing to it, considering this year's nationwide inventory shortage isn't leaving many options. So, what does that mean? For the most part, higher prices, more competition and a whole lot of bids.

Listings in good condition tend to get multiple offers this time of year, and buyers are putting forth their strongest submissions—cash offers, over-asking, fast closings, no contingencies, etc. But creativity is the name of the game in this year's competitive market. Buyers are inspired to win over the seller's emotional side. Here are the latest home-buying trends for beating out the competition in a swarming spring market:

Love Letters
While they've been around for a while, they're getting a lot more popular, being used by buyers as a l…

How Much Has Your Home Increased in Value Over the Last Year?