Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way:
“While the number of homes for sale is increasing, it is still 43.2% lower than it was before the pandemic in 2017 to 2019. This means that there are still fewer homes available to buy on a typical day than there were a few years ago.”
The current housing shortage has an impact on how you search for a home this spring. With limited options on the market, buyers who consider what’s a necessity versus what’s a
As our team gears up for the spring and summer market, educating our clients is our number one priority, especially buyers. With low housing inventory in the Cedar Valley, buyers need to have a strategy and plan if you are serious about buying a home this year. Below are 5 tips to prepare and set yourself up for success as a buyer!
Build Your Team: Make sure you have trusted, local, professionals on your side specifically your realtor & lender. Having a local professionals will provide opportunities you need to move quickly and efficiently.
2. Strategic Planning: Do you have a plan when it comes to buying? Have a meeting with your realtor to learn what the Cedar Valley market is like and
The Market Has Shifted - Here is What That Means For Buyers
In the past year we have seen a shift in the Cedar Valley's housing market. If you are looking to buy a home this year and question if it is a "good" time to buy, this is for you! 3 reasons why it is still a great time to buy a home in the Cedar Valley!
1. There are More Homes on the Market - Inventory levels have been the lowest we have ever seen in the Cedar Valley, but that has started to change over the past year. Each month we see inventory numbers grow, giving you the opportunity to view more homes.
2. Less Competition - With less competing offers on select homes, many buyers are not having to sacrifice inspections and in some cases are able to negotiate with
Sleek, contemporary and unique! Featuring oversized rooms and lovely outdoor courtyards, this home is truly one of a kind. The main level is soaked in natural light everywhere you look and boasts almost 2500 square feet of living space with a fully updated kitchen, formal dining, large living room, 4 bedrooms including an owners' suite and 2.5 baths! Main floor laundry for easy living. The walkout basement has a large family room, office/den, 3/4 bath, and a non-conforming bedroom along with plenty of unfinished storage space. It's
The Homebuyer Checklist: Everything From Choosing Your Agent to Closing
When it comes to buying a home it can be easy to get overwhelmed. We are here to help! Today we put together a checklist for all homebuyers. This is an eight-step checklist that covers everything from choosing your agent to closing on your home!
Meet with a Realtor - You'll decide what type of home you're looking for, including the style, price range, neighborhood, and more.
Get Pre-Approved - Your Oakridge agent can assist in getting you connected with a local lender. Getting pre-approved will determine what your price range is on the home you can afford.
Look a Properties - The fun part! You will view properties that match your search criteria. Be sure to take