How can you stay ahead of other home buyers this year? Know the real estate market trends for home buyers and move in front of your competition!
The idea of home ownership is more popular than ever! Learn more about the real estate market trends that are making a difference to home buyers this year.
๐ฅ Competition is Fierce
Real estate inventory numbers have taken a hit over the last few years. Fewer new homes being introduced to the market creates a playing field where competition is intense, and advantages are necessary.
Interesting Note: Real estate agents are seeing buyers from different generations competing for the same homes.
What advantages can help a home buyer?
How do home listing alerts work?
Choose the area, price range, number of bedrooms, and other criteria to be used in the home search. There are options for everything from local schools to choice of architectural style. Let us know where to send your alerts. When we have new listings that match your search criteria, you’ll get an instant notification. It’s just that easy!
๐ ๏ธ Buyers are Resourceful
We are fortunate to live in a time when information is available with the tap of a finger. Home improvement videos cover upgrades, home renovations, and design elements.
ACTION – Make a list of things you would be willing to compromise on when it comes to your new home. If you’re willing to do some upgrade work yourself, you may just find a charming older home that becomes the home of your dreams.
Access to tutorials and creative ideas makes home buyers more apt to choose a home that needs a bit of attention in order to save money. While many buyers still prefer to walk into a home that needs no additional work, you may find that you’re not scared away by a house that needs new flooring or a wall removed.
๐๏ธ Sarasota Mid-Century Modern Homes for Sale
๐ฉโ๐ผ Value of Real Estate Agents
Today’s home buyers are well aware of the power of a real estate agent. While you can find new home listings through online searches, it’s only through contact with a real estate agent that you’ll get the freshest listings – even before they are officially considered on the market. That’s power!
๐ Purpose & Planning
People looking to purchase homes this year are financially conscious and understand the importance of savings, interest rates, and mortgage terms. They tend to know exactly how much their budget allows for a mortgage payment, and they are planning well ahead of time for their purchase.
Today’s home buyers are eager to learn more about the local real estate market stats. They know that this information gives them a strong sense of what’s happening over time with real estate trends.
๐ Sarasota County Homes by Price Range
Social media has a strong influence on real estate market trends this year. Buyers are using social media outlets to research homes for sale, check reviews, and learn more about the home buying process.
BONUS! You can reach out to us on Facebook through messages or comments!
๐ Real Estate Market Trends for Home Buyers
This year’s home buyers…
- Are ready to go after the home they want with purpose.
- Won’t shy away from older homes that need attention.
- Understand the power of a real estate agent.
- Plan ahead and know how much they can afford.
- Use social media for real estate needs.