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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. If you widen the search bracket to reflect homes $50K under your budget, you may have an easier time winning a bidding war because you’ll be able to offer much higher than the asking price. Consider Waiving Inspection.

Sellers 72
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2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

If you widen the search bracket to reflect homes $50K under your budget, you may have an easier time winning a bidding war because you’ll be able to offer much higher than the asking price. Real estate is a long game. Homes selling over-asking price has become much more common over the last couple of years, especially right now.

Buyers 70
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Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

Condo sales in particular have experienced a significant decline in recent weeks which can be attributed to the ongoing insurance crisis in the state and to the increased association fees and/or added special assessments for condos due to the more stringent regulations resulting from the tragic Champlain Tower Collapse in Surfside, Florida.

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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

2022 started with low inventory and high competition as predicted , but by April rates began their ascent and the market began its shift. If you widen the search bracket to reflect homes $50K under your budget, you may have an easier time winning a bidding war because you’ll be able to offer much higher than the asking price.

Buyers 41