buyer tips: Finding Your Dream Home – Home Long Will it Take?
- 06/01/13 01:21 AM
If you are in the market to buy an Orange County home you are not alone! Buyer demand is very high and inventory of available listings is low which means it may take some time to find and ultimately buy your dream home. Just how long could it take? A recent survey conducted by Harris Interactive indicates that 33% of people searching for a home have been searching for more than a year. The good news is that the remaining 67% found a home in less than 12 months.
As an Orange County Realtor, I am certainly seeing very similar … (16 comments)
buyer tips: Market Value – A Primer for Today’s Home Buyer
- 05/28/13 11:15 AM
In the current seller’s market that exists in most areas of the country, I can assure you that most buyers will be paying “market value” for a home. Let’s have a closer look at the definition of “market value” (source BusinessDictionary.com): “The highest estimated price that a buyer would pay and a seller would accept for an item in an open and competitive market.” With buyer demand far exceeding supply, it is basic economics that a home will most often sell for its market value. As I write this post, I am grappling with how to best deal with another agent … (7 comments)
David Grbich is the Broker Owner of Ventana Coastal Properties serving the needs of buyers and sellers in Orange County, CA. David is Ranked #1 Agent in the San Juan Capistrano area per ActiveRain.
If you are in the market to buy an Orange County home you are not alone! Buyer demand is very high and inventory of available listings is low which means it may take some time to find and ultimately buy your dream home. Just how long could it take? A recent survey conducted by Harris Interactive indicates that 33% of people searching for a home have been searching for more than a year. The good news is that the remaining 67% found a home in less than 12 months.
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