Bailey & Heisey Real Estate

10/25/2021 Our local real estate market presses onward and upward! Yes, there is some “buyer fatigue” and talk of price softening. The data however reads that the shortage of inventory is still driving this price increase train, and will likely continue to do so as interest rates remain relatively low.

We continue to see multiple offers on appropriately-priced properties. Often, the winning offer is all cash, and/or the contingencies are reduced. Buyers ask us, HOW MUCH over asking price should one offer to be the winning bid? Unfortunately, there is no one-fits-all answer or formula. What we can tell you

Staging a house is incredibly helpful for a speedy sale, fetching top dollar. Staging might mean working with seller’s own furnishings, or it might mean renting furnishings for a vacant house. In any case, well-staged homes often net 5% or more and sell more quickly than their competition. The photos