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Our Market is changing

By Real Estate Partners LLC / July 23, 2022

At least in our area of Central Mississippi. Some people say that is “Normalizing”. According to my experience, this is not true. It is true, however, that the bidding wars are slowing down. More people are able to buy a home at list price, assuming that they are prequalified with a dependable bank or mortgage…

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What’s Happening to our market?

By Real Estate Partners LLC / June 26, 2022

Well, nobody knows for sure, but I read some predictions from the national association of Realtors. They believe that the housing shortage will be here for awhile. Now, according to them, it will ease somewhat due to the fact that rising interest rates will put some buyers on the sidelines. However, we’re short several million…

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Home buying in a crazy market

By Real Estate Partners LLC / June 18, 2022

In this market, it’s important for buyers to trust their Realtor to guide them to their best offer for their dream home. Too low and you don’t get the house, too high and you’re upside down. I’ve heard the comment before, “I know what it will appraise for” The truth is nobody knows exactly what…

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Home buyer bidding wars and how to get around them

By Real Estate Partners LLC / June 5, 2022

I sold a great solid home yesterday to some wonderful buyers. They had lost 2 homes before due to bidding wars. This is something that every buyer today fears and hates. People are going so far as to take out the appraisal and/or the inspection contingencies to get their offer accepted (Not advisable). The situation…

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