Check out the real estate market right now. It has the power to make a house seller weep. I'm totally serious! If your home is currently up on the market, then my guess is you're sweating it out, praying for a sale. What really stinks is the fact that we must price our homes low at this point if we actually expect them to sell. OUCH! Appreciation is in the toilet. Generally homes in decent areas appreciate with each year that passes. However, the past two years have been rough. We've only seen about a year's appreciation in my neck of the woods. That's half! This has to do with the poor interest rates and the obvious fact that there is a deluge of house listings at this moment. Competition is fierce.
Incentives for Buyers
If you're a potential buyer, you definitely won't have much difficulty finding a house for sale in most areas. You can actually view countless house listings from your home, online. Websites such as realtor.com and househunt.com can be of assistance. Now here comes the kicker. Since what we're experiencing is known as a buyer's market, you're likely to find the house of your dreams for much less than you'd expect. Maybe that 300,000 dollar home is attainable for 270,000. That's a major price drop. Imagine everything you could do with that extra cash you'd save. I've also spotted a few sweet deals in the mix. Some developers are offering ‘no payment for 12 months’ plans, and additional custom features added at no charge. These are awesome bonuses that every potential buyer should consider. Imagine the excellent deal you could receive on a wonderful piece of residential real estate.
How to Find House Listings in Your Area
Are you looking for house listings in a particular area? No problem whatsoever. Pull up justlisted.com or move.com and sort through all the possibilities. Narrow your search by selecting a particular area. You can even customize the results more by specifying the number of bedrooms and bathrooms you prefer. Punch in the price range you can handle and you'll instantly be flooded with house listings. Just be sure you also take into consideration crime statistics and public school districts if you have children. No doubt there is an ideal home waiting for you.
Ellen writes for GreatHawaiiRealEstate.com where you can find Hawaii real estate for sale in the all the major islands. Review real estate in Oahu along with great Maui real estate listings .