The low inventory of Homes For Sale in the Lehigh Valley plus some very motivated home buyers makes it difficult for other buyers who aren't as ready to buy today but still don't want to miss a "good" home.
If a new home comes on the market or a current home has a price reduction a lot of interest in the property can occur.
A motivated Lehigh Valley Home Buyer may view the home and immediately make a decision to proceed with an offer. A home buyer who has just started or has a flexible time table may view the home and want to "think about it".
New listings, if priced correctly tend to sell in the first few days or into the second week.
I warn home buyers that it is understandable to think about it but if they are truly interested they may not to wait a few days to decide to make an offer. While they are thinking about the home another buyer may be making an offer.
I've had more then one home buyer call me a week later and had to tell them the home went under agreement two days ago.
We can let the listing agent know we are interested and hope they give us a warning if they get an offer but we can't count on that.
If the Lehigh Valley Home Seller gets a good offer they may just accept without wanting to reach out to any past "interested" buyers.
One way to help with this process is to get Home Listings as soon as they hit they Hit the Lehigh Valley MLS.
View Customized Home Searches specific to the Lehigh Valley at www.lehighvalleyhomesonline.com.