Everyone knows that spring is the time when the real estate market heats up right? Traditionally, it’s a time when lots of new listings come on the market and buyers who have been waiting patiently for more selections get to really explore all their options. That’s not how spring 2017 is shaping up. So far, inventory has remained tight and the homes that are well priced and nicely updated are going under contract quickly and often with multiple offers. This is great news for sellers who have a realistic notion of their home’s value and who have kept up with design trends. It’s not necessarily bad for buyers, especially those who know what they want, have a clear idea of their budget and have some flexibility in when they purchase a house. But it certainly is stressful for both parties.
Here are some tips for successfully selling and buying a house in this current market:read more