Are we in a housing bubble?

BUYERS...Are you wondering how some of our 𝑛𝑜𝑛-𝑐𝑎𝑠ℎ buyers are getting their offers accepted in this competitive market? Need some ideas? Our most recent buyers have chosen some of these: ▪️ask the seller what some of their needs or 𝑚𝑢𝑠𝑡 ℎ𝑎𝑣𝑒'𝑠 are and structure your offer accordingly. ▪️offer a free rent back if the seller needs time to move or even find their next home. *this is very common amongst the offers we are submitting.

Home prices are still on the rise after 2021 highs. BUYERS who didn’t find a home in 2021 are going to want to LOCK IN their interest rates SOONER than later this year as mortgage rates are expected to see a gradual uptick. That means putting your house up for sale earlier in the year rather than waiting until Spring might be a smart move to capture those buyers.

ARE YOU PREPARED FOR A BIDDING WAR? In our San Antonio housing market today, it’s not enough to quickly make an offer on a house you just discovered. You’ll likely face competition from at least 5-10 other buyers. To improve your odds of winning a bidding war, we’ll need to plan your approach days or weeks in advance with a Re/max realtor. Preparing a strategy is vital because you might have just a few hours to respond during a back-and-forth negotiation with the seller.