Investors and first time homebuyers are busy snatching up the good deals! If you've been in the market place looking for that first place to call home, you are well aware of the battles going on in the field. Multiple offers within days of the listing coming on the market. Offers well over list price. And surprisingly, many all cash offers to compete with.
Due to this feeding frenzy, some inventory is actually dwindling. Less and less foreclosures on the market, shortsales getting sold, and a few desparate conventional homeowners that have to move and are sucking it up and putting their homes on the market at severly reduced prices.
Why the bank owned homes for sale are dwindling maybe to due to the fact the banks are holding onto inventory for loan modifications. But whatever the reason, if you are a first time homebuyer don't delay. Things can change radically in a day!
Discount Real Estate Brokers, Sellers List for 4.0% Total Details @ www.movetosocal.com
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