Posts with tag bidding war

Editor's note: This is the first of a two-part series on the impact of shrinking inventories on buyers and sellers. In Part 1, Inman News reporter Andrea V. Brambila looks at how the scarcity of of listings in many markets is affecting buyers. Part 2 will look at impacts on sellers. Homebuyers nationwide are discovering... Continue Reading »

By Sarah Max When Paul and Ieva Johnson moved from Minnesota to Florida, they were looking forward to warm weather and plenty of bargain-priced homes. But when the couple made their first offer earlier this year, they quickly discovered that they'd have to settle for the sunshine. Not only did they not get the house,... Continue Reading »

It's becoming a war out there when it comes to buying a home. An increasing number of would-be homebuyers are finding themselves in fierce competition, as more and more sellers are fielding multiple bidders on their properties. According to recent data from Redfin, some markets saw 73 percent of homes on the market draw... Continue Reading »

When it comes to selling a home there's a lot to know beyond staging and setting a reasonable list price. As with any industry, there are real estate definitions (homestead, quit-claim) and a set of acronyms (DOM, CMA) that might seem a bit foreign if you've never sold a home before. Turn to this glossary when you're just... Continue Reading »