Inventory is low in the Austin area and homebuyers need to be aware that they could have to compete for the property that they want.
Read this article for advice on how to make your offers competitive.
The spring season tends to flood the housing market with buyers, and in markets with low inventory levels, the competition is stiff.
As home prices continue to recover and interest rates remain at near-record lows, some houses are receiving multiple offers and to win the bid, buyers need to stand out from the crowd. According to the National Association of Realtors, houses sold in 71 days in January, down from 99 days a year ago.
Courtesy of Fox Business.