Buyers who have been searching for a long time may still try to - TopicsExpress

Buyers who have been searching for a long time may still try to win deals with aggressive offers. However, new buyers in the market are much less willing to chase an escalating sale price to compete with multiple bids. The demand side of real estate is moving from please take my offer to take it or leave it as you please. Homebuyers willingness to walk away from a deal thats a bad fit is good for them and is ultimately healthier for the housing market. Taken from Mortgage News Daily

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