DC Real Estate News

STOP - The Multiple Offers !!! We are not used to this !!!

It's a Buyer's Market Right?  Well not so fast.  Multiple Offers are back - and back in force.

It seems almost every offer I am writing now is in Multiple Offers.  One set of clients have lost 2 (damn close to full price) offers in the past week.  We are writing offer #3 on a new property and guess what - the agent just received another offer.

Now this is a part of the DC Metro area that I don't; nor do I think many would; consider it a "HOT Area".  It's just a plain old, close-in, suburb in Maryland.

Well we will be writing the strongest offer possible. This market is taking on a new face.  The bottom?  Been there - done that.

YOU MISSED IT.

 

 

     

Contact James Downing of the Downing Real Estate Group, if you are selling, buying or have questions!

Office: 202-362-5800   Cell: 703.244.3971

Licensed in Washington DC, Virginia & Maryland.

Coldwell Banker Residential Brokerage - Chevy Chase
5028 Wisconsin Ave NW  Suite 100 * Washington DC 20016