Yes, that’s right – the real estate market is recovering.
August was the strongest month for property sales since the beginning of the year, and in some cases since early 2008. While regional real estate sales vary, it’s clear that the housing market is in the early stages of recovery.
This is good news for sellers, but not-so-great news for buyers.
The slow real estate market has been a boon to buyers everywhere. Buyers could virtually name their own terms, negotiate prices and wrangle concessions from sellers during the buying process. Buyers rarely had to worry about bidding wars over houses, as there was always another property waiting to be snapped up just around the corner.
With the economy stabilizing and the market improving, that’s about to change.
Now is the perfect time to buy. With the market recovering, buyers can be assured that their properties are likely to appreciate in the coming years. If the economy continues to improve, home values are going to rise steadily, making buying a home right now an extremely smart investment.
Further, buyers who don’t get in on the ground floor of this recovery are going to see a change in the market. The housing market has traditionally favored sellers, except during a down economy, and it’s likely to shift back in that direction as the economy improves.
This means that you may have to bid up the price on a home if you really want it, instead of negotiating it down. You may miss out on low prices, and you may find your dream home snatched out from under your nose by another eager buyer. A seller’s market leaves much to be desired among buyers.
Take advantage of the uptick in the real estate market to buy your dream home now. Don’t wait too long and miss out on the last of the great deals as the market shifts.
Great Deals are everywhere right now and we find them all over the United States.
Let us know if we can help find your next great deal.
Real Estate Market Beginning to Stabilize
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