Open House: 4 Things Buyers Should Keep in Mind

Open House: 4 Things Buyers Should Keep in Mind

Since the early 1900s, open houses have allowed potential homeowners to kick the proverbial tires of prospective homes. What was once a novel idea is standard practice in today’s real estate arena. In fact, the National Association of REALTORS® reports that 6% of buyers found the home they purchased through a yard sign or an open house in 2020. The following are things you should keep in mind when touring an open house.

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Seller’s Market: These 7 Tips Can Help Buyers Conquer the Seller’s Market

Seller’s Market: These 7 Tips Can Help Buyers Conquer the Seller’s Market

This article was originally written during a hot seller’s market in 2017. Several years later, and it’s still a seller’s market. In fact, there are fewer homes on the market today than back in 2017. Low inventory is caused by numerous things, but the COVID-19 pandemic in 2020 has been a notable contributing factor. We thought it would be a good idea to update this article and offer any new insight or tips for buyers.

If you want to purchase a home in 2021 be warned — you’re playing by new rules. Seller’s rules that is. Low housing inventory and high demand have created a seller’s market, one that isn’t going away any time soon. However, these seven tips can increase your chances if you happen to find yourself in a bidding war on your dream home.  

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