Home Buyers Face a New Challenge: Competition


According to this Smartmoney article, bidding wars are back in some New York suburbs where first time home buyers who are eager to take advantage of the low prices and low interest rates have began to compete with each other. This competition will likely drive prices up as these eager buyers, not wanting to miss out on this opportunity, will increase their offers.

Read more by clicking below.

http://www.smartmoney.com/personal-finance/real-estate/home-buyers-face-a-new-challenge-competition/


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