Buying a home virtually is the new standard, thanks to the pandemic. Virtual and video tours replaced open houses, and buyers bought homes without viewing them in person. Here are two crucial tips to find your dream home virtually this year. Tip #1 to Finding Your Dream Home Virtually: Be Open-Minded Be realistic about your expectations for your future dream home and how it appears on a...
It's no secret that the Austin real estate market is more competitive than ever! If you’re in the market right now, you’ll need a few strategies to rise to the top of the pack when there are multiple offers. In a regular market, multiple offers sometimes happen, but in this market - it’s safe to call them all-out bidding wars! A bidding war occurs when potential buyers compete...
Bidding wars greatly influenced home prices last year. They typically happen when there’s a lack of inventory because multiple buyers want the same property, so they compete against each other by making more attractive bids, which drives up home prices. Bidding wars have continued throughout the pandemic and are predicted to continue in a post-pandemic market in 2022. Home prices are slowly coming down,...