Low Inventory Of Homes For Sale Continues To Vex Ready Homebuyers
It's not an illusion this year. In many neighborhoods, there aren't enough homes for sale to match up with all the eager buyers looking to buy.
This is great news for home sellers, though. Sellers are in the driver's seat in today's real estate market: commanding top dollar for their move-in ready homes; dictating the terms of sale; often experiencing multiple bids on their home.
Buyers need to be quick in this market, but not careless: get preapproved for a home loan; don't skip the home inspection and specialty (mold, radon, termite, pest, etc.) inspections; be prepared to offer your best price on a home with the first offer; use a real estate pro to represent your interests; be patient and flexible.
If you're looking to sell your home, contact us today to find out how fast you can get a move on. If you're looking to buy, we can help you navigate the seller's market with less stress.
Have You Heard?
Our reliance on referrals—from homebuyers and sellers like yourself—is still important in 2017. When you're done with this newsletter, please pass it along to a friend or family member who is looking to buy or sell a home this year. Feel free to pass along our contact info to your circle whenever you hear someone needs help with real estate questions. We appreciate every single referral and your trust in our commitment to the best service!
© Gooder Group, Gaithersburg, MD 2017. All Rights Reserved. CHR Vol. 21, No. 2. Images © iStock.
Not intended as professional tax advice. Be sure to consult your tax advisor.
This is not intended as a solicitation of another broker's client or listing.