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'Just Looking' at Homes for Sale... Those Days are Gone
 
I was googling a search online this morning and found an article I had written in November 2008 about buyers ‘just looking’ at homes for sale.  I had written that the number of homes currently in the Brevard County real estate market was plentiful. Buyers could look at a house multiple times and take their time in making a decision on whether they would make an offer to purchase it.
Well, today, times have changed. Our inventory of homes available for sale is currently down. Today, buyers don’t have the luxury of looking at a home over the course of a couple of weeks. The good homes are gone in the first week… sometimes even in the first couple of days. We are seeing multiple offers on homes, at varying price points. And often, homes are selling for more than their advertised list price.
Sometimes buyers have to move quickly when they see a house they like. They can’t linger on the decision too long. It could mean the difference between getting the house and someone else getting it.
Some buyers are getting in bidding wars just to ‘win’ the house they want. But, be cautious, bidding wars can trigger emotions and make some buyers ... more

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