According to CNNMoney, the bidding wars on housing has begun and I have to agree. When my friend Manny was looking for a property in Homestead, we spend months placing offers on multiple properties and many times would not even get a response back from the listing agents. My friend finally lucked out on a deal after searching for about a year. He snatched up this beauty in the $120’s, which isn’t even possible today. Prices are going up and that is an excellent sign that our economy is going to benefit from it!
Here’s a link to the article:
John W. Tanner