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Cash Wins the Home Bidding Wars

According to a report from Redfin, homebuyers who offered all cash won the bidding wars in 2021 which caused it to be the best strategy to beat out other buyers. Thirty-one to twenty-five percent won bids with waiving finance contingencies and inspections but these are not as effective as cash because they are so common. Many buyers are not able to offer an all-cash deal. So what can they do to sweeten...

The Potential to Active Buyers Ratio Is Closing

The hot home market is still a seller's market with tons of potential buyers. The low-interest rates and low inventory have caused buyers to take risks. Buyers are having to make decisions a lot faster if they want to win the bidding war. The National Association of Home Builders reported out of the 17% of prospective U.S. buyers, 61% of them are actively purchasing a home. This is not a new finding, as...

Kelly Waltemath Named a New Orleans Biz Magazine Woman to Watch

  Kelly Waltemath Named a New Orleans Biz Magazine Woman to Watch   Kelly Waltemath REALTOR • TEAM LEADER MANAGING MEMBER/OWNER THE KELLY WALTEMATH GROUP LLC Kelly Waltemath still views every workday as different and special after a childhood tied to real estate and a seven-year career in the industry that began immediately after college. The young girl that grew up walking and...

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