2012 is showing to be the best time to buy real estate in over 10 years.
The numbers are out! The first half of 2012 is over, and the winners are both Buyers and Sellers! Properties are selling faster than in the past 5 years, less time on market is good for Sellers. The median average price is down, and starting to come up in certain zip codes, which indicates the bottoming out of the market. With interest rates at historic lows, the recent 6 week plunge in rates increased buyer demand to the point the market has flipped. The market is in shift once again, buyers are finding more competition from other buyers and seeing bidding wars. WHAT?!? Bidding wars, yes! Multiple offers on a well-priced property have become common. What can you do to separate from the pack? To make your offer stand out from the others? Work with a Realtor who is an experienced negotiator and is willing to be creative with your deal. At www.DreamHomesMatchmaker.com we put together a package for the listing agent to present to the seller demonstrating your proposal to purchase their property. Whether a short sale, bank owned property, or a traditional sale, the seller does not know the buyer. Do they? Of course the seller does not need to know the buyer, however, in chosing from multiple offers, what will make yours stand out? Are you looking to land in your new home in the near future? Call me you’ll be glad you did!
