In a fast-paced market, home buyers expect competition. A good home will attract multiple interested buyers. If you hope to be successful, you’ll have to move quickly and make an offer that rises above the rest. These days, that’s especially true. With a lower than normal number of homes for sale and buyer demand still elevated, listings are seeing more traffic than ever.
Home Showings in 2021
In fact, according to one recent analysis, the number of home showings rose 11.5 percent in 2021. In December, the average listing had six showings and, in some markets, much more. For example, listed homes in cities like Seattle, Denver, Orlando, and Dallas averaged more than 10 showings per listing – and that’s at a time of year when the market typically slows. Fortunately, experts predict inventory to pick up this year, which will give buyers more options to choose from and cut down on buyer competition. But the improvement won’t happen overnight. That means, home buyers looking at listings in the weeks ahead need to be prepared to act fast when they find a house that fits their needs. More than likely, they won’t be the only buyer interested. Click on the link for more information.
Here at A1 Mortgage, we know how important it is to choose the right house for you and your companion. We have the responsibility to provide you with the best products and the highest level of customer service possible. With hundreds of loan programs available, we tailor a loan specific to your mortgage needs. So come get pre-approved and start shopping for your dream home by clicking here!