The fluctuating real estate market over the previous years has made it difficult to predict the sales trends and anticipate how new consumers will make their decisions when buying a home. However, the following items appear to be common trends for 2013, according to the opinions of real estate agents.
Price of Homes Is Increasing
Some real estate agents who have been through real estate fluctuations feel that the housing market has turned a positive corner and that buyer demand is on the increase for the next 12 months. Some areas of the United States have seen significant increases in the demand for housing. A lack of buying power has posed many challenges for sellers who have been forced to get out of their current mortgages. But, as sellers are being forced from their homes, savvy buyers are reaping the benefits of short sales and foreclosures. As demand for homes increase, so does the value for each available home. So, sellers who have been waiting for a better selling time and increases in value are beginning to test the waters and place their homes on the market.
Buyers Tend To Be Younger
Young adults between the ages of 18 and 35 are more interested in putting their hard-earned dollars to work for them by investing in real estate. They are opting to forego renting an apartment and with good credit, they are taking advantage of lower home costs and lower fixed interest rates. So, the year ahead appears to be ideal for younger adults to take advantage of seller who need to get out of their current sized homes. Unfortunately, new home ฝากขายคอนโด owners have been known to skip the due diligence of a home inspection. Real estate agents continue to advise their new home buyers to obtain a home inspection before closing the deal. Home inspections are valuable because they offer a third-party, unbiased analysis of the structural integrity of the potential home. In addition to checking the dwelling for structural soundness, a home inspector can also perform other informative diagnoses such as a radon testing, well and septic tests and checking for termites and other vermin.
The Return of Sellers Buying Bigger
One of the biggest surprises of 2013 could come with the return of sellers buying larger houses. Over the last few years, sellers who were forced to vacate their large properties have created opportunity for smaller homeowners to size up. For those who were able to stay financially stable during these past recession years are feeling like "it's now or never" when it comes to getting their dream home. With larger homes sitting on the market for extended periods of time, many homeowners who want a bigger house are going to opt to buy while the availability still exists. In the coming years, as prices of homes increase further and mortgage rates increase, their dream home might be too far out of their financial reach if they don't act soon.
Home ownership is a one of the biggest investments an individual can make and protecting your investment should be at the forefront of your mind. A qualified and knowledgeable home inspector will be able to thoroughly investigate your new dwelling and analyze its structural integrity before you seal the deal. So, before you participate in the real estate trends for 2013, plan to find a local, certified home inspector that can assure you of a good investment.
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