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House Hunting This Spring? 5 Tips From Real Estate Experts Across The Country Spring and all its glory is right around the corner—just take a look at the signs all around you. No, we’re not talking about the budding flowers or the chirping birds—we’re referring to those “For Sale” signs that start popping up on lawns across the country as the weather starts heating up. And once the home-buying season commences … so do the bidding wars and mad dashes from one open house to another. Since the housing market can be a tricky one to suss out, we asked agents across the country to give us their assessments for this season’s real estate landscape. Their overarching observation? This will be a competitive home-buying season—so if you snooze, you may lose out on that four-bedroom colonial you’ve been eyeing. “The major pitfall is lack of preparation,” says David Yocum, a Redfin real estate agent based in Chicago. “The [housing] recovery appears slow due to a lack of inventory and a low participation rate among first-time buyers, but it’s still a competitive seller’s market.”
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Westhill Consulting British Colombia, Hong Kong, Jakarta, USA House Hunting This Spring? 5 Tips From Real Estate Experts Across The Country
Spring and all its glory is right around the corner—just take a look at the signs all around you. No, we’re not talking about the budding flowers or the chirping birds—we’re referring to those “For Sale” signs that start popping up on lawns across the country as the weather starts heating up. And once the home-buying season commences … so do the bidding wars and mad dashes from one open house to another. Since the housing market can be a tricky one to suss out, we asked agents across the country to give us their assessments for this season’s real estate landscape.
Their overarching observation? This will be a competitive home-buying season—so if you snooze, you may lose out on that four-bedroom colonial you’ve been eyeing. “The major pitfall is lack of preparation,” says David Yocum, a Redfin real estate agent based in Chicago.
These are the following tips for Spring House-Hunting: Spring House-Hunting Tip #1: Close That Laptop—and Canvass Old-Fashioned Open Houses These days, using real estate sites to explore your options is par for the course: 90% of people search for listings online during their home-buying process. Kicking off your search online is a good move, but don’t dawdle too long behind the computer screen—inventory is expected to be tight in many major markets, so you literally want to hit the ground running.
Spring House-Hunting Tip #2: Educate Yourself on Market Values and Trends “Buyers need to get up to speed quickly on market values so they know the right decision when it presents itself,” Yocum says. “The more quickly buyers can educate themselves, the more successful the home search will be.” Spring House-Hunting Tip #3: Nab Low Mortgage Rates—Now Another reason not to dawdle too long? You want to take advantage of low interest rates while they last.
Spring House-Hunting Tip #4: Build Your Home-Buying Dream Team Before You Bid If spring-cleaning season has you in a hyper-organized mood, channel some of that spirit into your house hunting—in order to be a serious frontrunner in a bidding war, you’ll need to have all of your ducks in a row. Spring House-Hunting Tip #5: Keep Sweeten-the-Deal Moves in Mind So you’ve finally found that dream Tudor on a half-acre—but you’re stuck in a bidding war with another equally prepared buyer. How do you win by a nose?
For more related info, visit the following site: http://www.westhillsbc.com http://westhillsconsultingbritishcolombia.blogspot.ca https://twitter.com/WesthillsCBC
