The real estate market is back with a bang and now might be the best time to buy a home. If you have scored home listings and still haven’t found your dream home; it is not by accident. There is an acute inventory shortage in the housing market causing many prospective homeowners to settle on the best next thing or abandon the search all together. There are some tips that you can use to get you out of the rut and ensure that you find your dream home.
Don’t Ignore Withdrawn or Expired Listings
Look for home that were recently listed but haven’t actually sold. Just a year or two ago, some houses may have been considered overpriced but the housing market has changed a great deal since then. You may be lucky to find that the price is valid today. Many sellers aren’t aware of how much the housing market has risen and could be willing to sell at the old price.
Consider Rental Listings
You might wonder why you are looking at rental listings when what you really want is to buy a home. The housing market crash meant that many homeowners simply couldn’t sell their homes. The next best thing was to rent and many of these landlords are unaware that now is a good time to sell. You may stumble upon a great home whose lease is up and the owner willing to sell for a fair price. It’s a long-shot but it might be worth the extra trouble.
Search for home listings on Refer Local Classifieds and take it from there.
Don’t Get too Hang-up on the Price
Some sellers are unrealistic about their asking price but don’t let that stop you from getting the home of your dreams. A few months on the market and a frustrated real-estate agent later, the owner stops taking care of the house. Cleaning isn’t done as often as it should and the yard grows out of control. The seller might not be willing to change the listing price but if he is desperate to get the house out of his hands, he might be willing to sell for lower. Eventually he will have to lower the listing price but the trick here is to get to there before he does and you suddenly have competition.
You might need to do some minor repairs buy you can always find local home improvement professionals on ReferLocal Business Pages.
Don’t let an unsuccessful home hunting experience on public listing shut you out from owning your dream home. These tips should help you explore other options and hopefully find the home you have been looking for.