| Body | I'm looking at a flat and everyone I know is telling me to bid 10-15% over home report value, based on the situation 6 months ago. But I have a sense that the market is slowing down. I read that 6 months ago people couldn't even get viewings, and now that isn't an issue. Another place that was really nice and reasonably priced only had one offer a week or two in. So is the market slowing now that interest rates are rising?
Has anyone had an offers accepted in the last month or so? How far over HR value? Any other signs that the real estate market is slowing down (or signs that it isn't)? |
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