Here are some tips on navigating today’s supercharged real estate market, where inventory is low and other buyers can be cutthroat.
Bidding wars are becoming more commonplace in many suburban markets this spring as home buyers face stiffer competition for a tight supply of inventory.
“We’re seeing houses with 20 or 30 offers on it,” said Andy Sachs, an agent for Keller Williams in Newtown, Conn., “and prices going for $50,000 to $100,000, or more, over asking.”
