Most people have heard by now that there is a housing shortage in Dallas! It is definitely a Sellers’ market especially in Frisco and Plano! Why are people saying this…Sellers are getting multiple offers with few contingencies (if any)! Buyers are bidding on properties just from seeing pictures on the Internet! Yes...the competition is that stiff! Sometimes there are 10, 20, or even 30 offers on one home! The number of days a home will stay on the market is greatly reduced. Some homes are sold the first day they hit the market! Did you know home prices west of 380 have increase by 20% since last year! Buyers are getting desperate, they have to put bid after bid on multiple homes…many times without success. This is leading some buyers to bid over asking price. All of these factors make it a great time to sell your home! Don't you agree!
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Thanks a million!
Author:Noreen Lodhi Phone: 214-862-0554 Dated: April 21st 2015 Views: 1,479 About Noreen: Noreen Lodhi is a professional REALTOR in the state of Texas. She relocated to Frisco from the north...
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