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Homes are selling well over listing prices as buyers compete against each other

Housing Wire

In case you didn’t know, we’re living in a seller’s market. But even though home prices are at record highs , buyers are still in the market. Not only are they shopping, but they’re putting down offers well over the listing price. Are you in the market for a home? A homebuyer’s guide to a competitive housing market.

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10 Real Estate Tips BEFORE You Sell Your Home

Raleigh Realty

Depending on where you live, the market may move a little slower, but in most areas, homes are not staying on the market for long once they are listed. For those that may want to try the for sale by owner route, it is important to remember that even the person who founded forsalebyowner.com used a Real Estate Agent.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. What is a Real Estate Owned (REO) Property? Working with a lender also means jumping through more corporate hoops.