I’ve been in so many multiple offer situations in the past few weeks. Buyers should be prepared to possibly be in competition. Is it the tax credit? Is it the economy turning around? Hard to tell–but I do know that with rates low and prices unchanged or better than 2 years ago, it seems like it’s the perfect storm!
Check out this Washington Post article:
http://www.washingtonpost.com/wp-dyn/content/article/2010/03/11/AR2010031104514.html
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