bidding wars

Limited Inventory? Maybe New Construction is the Answer

If you are thinking of buying a home, there truly is no better time than now. With today’s low mortgage rates, buyers have a great opportunity to get more home for their money. There still may be limited inventory, leading to more buyer competition and bidding wars, but more inventory is entering the marketplace each day.

If you are having a challenge finding a home that fits the bill, it may be time to talk to your trusted real estate advisor about building. New home construction is ramping up. Although, new construction won’t completely solve the housing inventory shortage, it does mean that more options will soon be available as you continue your home search.

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Thinking About Selling?

If you’re a homeowner thinking about selling, don’t wait. You have a huge advantage in today’s housing market as we are in the ultimate seller’s market. The buyer demand is still at an all-time high and with very few houses on the market for sale, making it the best possible time to sell.

Buyer traffic is strong, and they are each determined to find that home that “fits the bill.” Sellers are still receiving multiple offers and these bidding wars are continuing to drive up the prices of homes.

Thinking About Selling? Read Post »

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