Are you still planning on buying or selling in 2021 but haven’t pulled the trigger yet? There’s a lot you need to know about our real estate market. I recently came across an article about seven realities buyers and sellers should prepare for this year that I want to share with you. Even though we’re nearing the end of March already, these realities persist:
- Low inventory, high demand, and multiple offers
- Buyers will pay for overpriced homes
- Overpriced new investor opportunities
- Increasingly accelerated transactions
- Leaseback and post-occupancy after closing
- Challenging appraisal values
- Overcrowded and overvalued markets
You can read the article in its entirety here. If you have questions about this topic or would like help preparing for a home sale or purchase, don’t hesitate to reach out to me. I’d love to speak with you.
