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Bidding Wars on Houses

Blog by Tomi (Tomyal Emptage) | February 22nd, 2012

Valley real estate agents have growing optimism for housing market
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A rise in home-buying activity has boosted confidence that real estate agents have in the Valley's housing market, according to a new industry report.  Agents' optimism has grown for five months in a row as a result of seeing more buyers and a shrinking number of available homes, said Bob Bemis, CEO of the ARMLS.  Agent Christine Loschiavo has started to see bidding wars break out on houses less than $250,000, and even more so on those less than $200,000. 

Read Article-East Valley Tribune