More Homebuyers Purchasing Homes Sight Unseen
Some housing markets are so competitive right now that homebuyers are resorting to desperate measures to secure the homes they want. Not only experts estimate that about one-third of homes now receive offers sight unseen, but buyers are also forgoing home inspections and making offers that are much higher than the asking prices in many instances. According to a new article in USA Today, that’s what it takes to get the winning bid when the housing inventory is “so brutal,” when homes for sale get multiple offers, and homes sell super fast. Millennials are especially eager to get into homes right now, as more get married and start families. Read the full article to learn more.
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