Today is March 1st and the housing market in Shreveport and Bossier City seems to be as strong as ever. My wife, Kerry Friestad and I are both very active real estate agents in the area and she has had at least 5 offers in the past 3 weeks not get accepted because the sellers had multiple offers to look at. Just yesterday, a bank owned property that has been on the market for over 100 days, multiple offers in the $150,000 were presented! Kerry's client really wants the house so offering full price and asking for no closing costs should do the trick! I was thinking this morning, what if the housing market returns to the 2004-2005 level in Shreveport and Bossier? Wow, multiple offers...and great offers non the less on many homes and during a time in which lending standards are higher...
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