Looking for cheap affordable housing? In St Cloud, Florida the inventory of available homes has been decreasing at an accelerated rate. The slow down in foreclosed properties, and bank holding onto their inventory longer "waiting the market out" has caused homes prices here to begin to rise. Homes sales have been brisk, and are prices are on the rise. This is commonly called a buyers market.
Don't Get Stuck Behind The 8-Ball
A Buyers Market mean there are more buyers than there are homes for sale. Competition is stiff for good quality, well priced homes. There is little to no wiggle room in offers-vs- sale price. In fact, here in St Cloud Florida homes are selling on average at 97% of asking price, and more commonly full price offers are the new norm.
So how do you hedge your bets to come out on top?
Three Simple Steps:
1) Be prepared. Have your Pre-Approval Letter in Hand, deposit money ready.
2) Know how much home you can afford.
3) Do not waste time chasing homes alone. The ones you stop and call on are almost always under contract or not in your optimal price range. Choose a professional local Realtor® who can streamline the process for you, and one who will provide you with a current list of homes actively for sale. There are no fees for service. Commissions are paid by the home sellers.
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