News And Information From By Whaley & Associates

If you’ve been renting an apartment for longer than you’ve had a Facebook, don’t worry—you’re not the only one. But if you’ve been teetering on the fence of buying or renting, going over the pros and cons, all whilst watching your friends settle into their own place, it might be time to say goodbye to the landlord. It’s normal to be afraid to take the plunge into home-buying territory, but with the help of a great agent and a little research, you can determine if the time is right for you.

If you have a healthy savings account

One of the most common refrains that has come out of the very hot 2020 real estate market is the message that this is a perfect time to sell a home. Record low interest rates combined with a low inventory market and a shortened spring market means that demand is high and, in many areas, homes are selling for prices well above asking with multiple offers. Of course, the other side of that equation is that the homeowners who are selling those homes may be unsure about how and where to find a new home on the other side of the closing table. After all, unless they are relocating to a previously purchased second home, these sellers may find themselves competing with other eager buyers on their new home purchase. How can you buy a home in a low inventory market and improve your odds of finding the right home at the right price?

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