Want to be a successful homebuyer this spring and summer? Act decisively and swiftly, whether your market is hot or cool.That’s the advice from real estate agents in fast-selling markets, where buyers tussle over scarce houses, and in slower-selling markets, where competition isn’t as frenzied.
We’re entering a time of year when sales pick up even in sedate housing markets. Around 4 million existing homes will be sold in 2025, and roughly half will change hands from April through August.
In the five years since the beginning of the coronavirus pandemic, demand has exceeded supply in most housing markets. That imbalance still exists in the hotter markets of New England, the Upper Midwest, and much of California. The shortfall has eased (but not gone away) in some cities, notably in Florida, Texas, the Gulf Coast, and the Pacific Northwest—the cooler markets.
Real estate agents’ advice this homebuying season is consistent, no matter the temperature of the local market: Treat the search like a job. Get preapproved for a mortgage, and remember that desirable houses go fast. Full Article
Source: Akron News-Reporter, Colo.
Eric Slifkin, a Broker Associate and founder of the Slifkin Team at Keller Williams Realty, presents the Treasure Coast Real Estate Blog. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including Stuart, Palm City, Jensen Beach, and Port Saint Lucie. Contact us or call 772-678-1600 to schedule a free consultation. Whether you are buying or selling a home, we are always happy to discuss your wants and needs without obligation.
