Jun. 25, 2012
Overnight, it seems, many areas in the Lone Star State are now seller’s markets, where demand for homes is outpacing the supply. This situation lends itself to full-price offers, over-full-price offers, and even bidding wars. It’s obviously good for Texans who’ve put their home on the market. They can usually expect their home to sell relatively quickly … without having to make many, if any, seller concessions.
But what about homebuyers? If you’re in the market to buy a home in a seller’s market, what can (should) you do?
Texas Association of REALTORS® Chairman Joe Stewart has some timely advice in the latest Inside Texas Real Estate podcast. Listen to the podcast.