| Today’s real estate market is incredibly competitive; many potential buyers find themselves competing with other buyers for the same property. Or, in other words, they find themselves in a bidding war—and how they navigate that bidding war can mean the difference between successfully purchasing their dream home or losing out to another offer.
But what, exactly, is the right way to navigate a bidding war—and, just as importantly, what mistakes should buyers avoid if they want to purchase a home successfully? A recent article from realtor.com outlined the common bidding war mistakes buyers are making in today’s market. CLICK HERE FOR THE TOP 3 |
 |
Latest in Indiana Real Estate
4 Things that Matter When Pricing Your House
4 Things that Matter
And I can help with the balancing act of pricing your house to sell quickly and for the most money. Email me at bob@topchoicere.comÂ
|
 |
JUST RELEASED: LOCAL MARKET UPDATE | MAY 2022
Housing data released by the MIBOR BLC® comparing May 2021 to May 2022 shows:
- An increase in Median Sales Price of 12.8 % to $287,625
- A decrease in Closed Sales of 2.9 % to 3,336
- New Listings increase 6.1 % to 4,217
Despite the rise in prices, Buyers remain eager to purchase homes. Inventory is better (though still tight) and decreasing days on market make this an extremely competitive market. Make sure you have a trusted advisor by your side. Â
