Real Estate

Have Bidding Wars Returned to Brookhaven Housing Market?

A local real estate expert says it's possible due to the area's proximity to good schools.

Are homes on the market in Brookhaven causing bidding wars?

It's possible, according to one local real estate expert. Dac Carver, vice president and managing broker of Buckhead-based Beacham & Co., Realtors, was quoted in a Wednesday Q&A in the Brookhaven Neighbor saying that the area could be ripe for that kind of hot activity.

From the story:

Find out what's happening in Brookhavenfor free with the latest updates from Patch.

Neighbor Newspapers: In Brookhaven, Buckhead, Sandy Springs and Vinings, has the market been different than the rest of metro Atlanta in any way?

“It’s possible that these areas are seeing more multiple-offer situations than other areas, although east Cobb — and to some extent north Fulton — are experiencing bidding wars as well. Areas with top-performing schools are in highest demand.

“Also, after several years of dealing with appraisals coming in below the purchase price, we are now seeing homes appraise for above the purchase price.”

Read the full story for a larger picture about real estate in metro Atlanta at present.

Find out what's happening in Brookhavenfor free with the latest updates from Patch.

Read also:

  • Brookhaven Residential Units Spend Fewer Days on the Market

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