More Atlanta Area Home Buyers Facing Bidding Wars
According to a recent report, an increasing number of potential home buyers in the Atlanta area are facing bidding wars when attempting to purchase a new home. Nearly 65% of Atlanta area home buyers faced bidding wars when making offers on homes in April, compared to 39% a year earlier. Bidding wars are driven by demand and the inventory of available homes. Inventory is increasing across the Atlanta area and the state of Georgia, but it still remains low.
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