In today’s competitive real estate market, bidding wars can become a widespread practice among buyers. Depending on the location and the allure of the property, some buyers opt to enter a bidding war to be the most attractive buyer in a competitive landscape. However, before entering such scenarios, buyers should have a realistic plan in place for how far they are willing to go to secure the property and how it may impact their homebuying process. Read more about a recent bidding war that happened in New Jersey here.
Closing the 2023 Real Estate Market
With 2023 coming to an end soon, many may wonder how the real estate market will shape up for 2024. While the market could still be in flux, buyers and sellers may potentially see changes including a decline in mortgage interest rates and an increase in...
