In Atlanta, 41.6% of offers faced competition last month.
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Category: bidding war
Truth About Agents 2022: Client Profile
Millennials surpassed Gen X as the top homebuyer in this year’s Truth About Agents survey, representing 47% of clients of agents surveyed.
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The do’s and don’ts of dual agency
The simplest way to maintain a good reputation and stay on the right side of the law is to trust your gut and consider how you’d want your own family members to be treated in a real estate transaction.
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Dual Agency: A tale of two markets
Can agents fairly represent both parties in a deal?
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Homebuying competition lessens in Atlanta. Could the market be losing steam?
The competitive homebuying market showed signs of loosening up last month as bidding wars dropped from May despite being higher than they were a year ago.
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70% of homebuyers still facing bidding wars
Market competition has eased up recently, but seven in 10 buyers still face bidding wars, according to a new report from Redfin.
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The trouble with appraisals: How the wild market is making it harder to get financing
Homebuyers lucky enough to win a bidding war these days are increasingly running headlong into appraisals that don’t match — or even come close to — the agreed sales price, leaving them with limited ways to close the sale.
The post The trouble with appraisals: How the wild market is making it harder to get financing appeared first on Atlanta Agent Magazine.
Bidding wars on Atlanta home purchases jumps in April
While the competition was not quite as strong across Atlanta, the 64.8% rate on offers this past April was a sizeable jump from both the 44.1% rate in March and the 39.3% rate in April 2020.
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