Bidding Wars

Bidding wars on homes were once a somewhat common issue in the real estate market at the Lake of the Ozarks. What once seemed like a thing of the past has now made an appearance in the real estate market again in the Lake area. According to a recent article written by Realtor.com the bidding war trend is not just limited to the Lake of the Ozarks. Their research shows that nationally 63.4 percent of offer written in March of 2014 were in competition with at least one other offer. This statistic speaks highly of the state of the real estate market in general.

At the Lake of the O
zarks we are seeing bidding wars and multiple offer situations on properties all throughout the area. Multiple offers are a good indicator of a healthy market. All of the trends are pointing towards the improving market conditions at the Lake and now is a great time to see what is available. For more information about real estate at the Lake of the Ozarks, call me today or visit my website below.





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