The home bidding wars are back!

I’ve been seeing an increase in multiple offers lately in the central Ohio area.

In some cases houses have been on the market for such a short time, they don’t even have a chance for bidding wars. In one extreme case this week, I sent a house in Hilliard to a client that came on the market that day. By the time my client responded that night, the house was already in contract.

What this means to you

Buyers: Don’t wait to make an offer.
If you like a house, put in the offer. Just make sure you have the right contingencies in the offer in case you’re not able to purchase the home.

Sellers: Now is the time to sell.
Clean-up and de-clutter and get your house on the market. Spring is the best time of the year to list your house.

CNN has good article on the bidding wars.