NPR: Bidding Wars are back in Real Estate!

If the good folks at NPR {National Public Radio} are taking the time to tell you that the housing market is making great strides and we are in a Seller’s Market, believe them.

April 27, 2012

“Sales of previously owned homes are up more than 10 percent from last year, according to The Wall Street Journal. At the same time, the number of homes for sale is at the lowest levels in years. The result, say many real estate firms, is that most of the offers being made these days come with competing bids.”

I may not be host of a national radio broadcast, but I am living and breathing Denver Real Estate every day of the week, and from where I stand, they speak the truth!

Right now, the market is HOT. Buyers don’t have the luxury of time. When Buyers find a great home, they need to act. If too much time elapses between the showing and the offer, there may be competing bids for the property, or the house may already be under contract by the time you are ready to make a move. This phenomenon is real, it is happening now, and it is time to SELL. This is the ideal situation for Sellers- multiple offers? Above-asking-price offers?  Fast sales? Bring it on!

Call me or drop a line. I’m working hard to get my Buyers a deal and fielding lots of offers for happy Sellers, and I’d love to make time for your unique Real Estate needs.

Jack Meyers


Twitter: @jackestate


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