home buyers in Madison, the rules are changing, are you ready?

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Real Estate Agent with Powered by: Real Broker LLC 50781-90

Home buyers in Madison

Home buyers in Madison are learning quickly when they start their home search. We are hearing it time and time again. 40 buyers coming to an open house, multiple offers. It is like 2003 again with a plentiful supply of buyers and a shortage of listings in the first time buyer range up to around $250,000.

homes for sale madison wi. www.realestateguy.net

We have however, been predicting for a while that home buyers need to act NOW.

 

In talking to colleagues, we are finding home buyers in Madison are lapping up the low interest rates to buy homes at record affordability. Yet they are soon finding that they are up against fierce competition for the best homes.

Talking to buyers, it is often difficult to convince them this is actually happening after 6 years or so of stagnant home sales and falling home prices. Sometimes buyers learn the hard way, missing out on their dream home because another buyer acted quicker and bolder.

Home buyers in Madison, listen to your Realtor/home consultant. (I know, that is a little difficult to grasp sometimes)

If you don't trust your Realtor, maybe you have the wrong one, find one you trust. Your Realtor should be on your side helping you decide on the best home and guideing you on the home buying process, the market and the property.

 

Please note your Realtor does not know when another offer is coming in, and certainly is not a party to the offer details, so your decision will be based on a combination of experience and best guess. If you have found that dream home you need to be BOLD.  Write an offer to make sure that home becomes yours. It may mean you pay a little more for the home, but in the large picture, better to pay a little more and have the home than less and lose it.

 

Search all Madison area homes for sale, free and updated

 

 home buyers need to act NOW.

first published here

Posted by

Guy Lofts CRS,  is a long-term area resident who has been helping people make sound housing decisions since 1993.  Guy is a past president of the Wisconsin Chapter of CRS, the Certified Residential Specialists.  A leader in technology, having had his first personalized web page in 1995.  With a first Blog in 2006,  Guy has provided training with in his office and is to present a training at past Wisconsin Realtor conventions.

His passion is helping people improbe their quality of life through Real Estate.  That means whether you are in real estate of ust want to invest of buy a home, we can help you.

Real Estate Guy @ eXp Realty Madison 

Helping Buyers and Sellers in Madison WI  Search all homes for sale, Madison WI

 

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