·        Home buyers are excited about the opportunity to find a great home at prices not seen in many years and mortgage interest rates near historic lows.

·        Home buyers have been disappointed with the amount of choices that they are finding at the current inventory levels. Many homeowners have delayed the decision to sell their home because of the drop in home prices, which has actually helped to stabilize prices in many markets.

·        Home buyers are less concerned that home prices may continue to drop than they were a year ago.

·        Home buyers are still concerned about the security of their jobs.

·        Fewer buyers are willing to purchase homes needing repairs than in years past.

·        Home buyers want to look at all the inventory to insure making the right choice.

·        Homebuyers are having to deal with a challenging mortgage environment with more new regulations, restrictions and information requirements, as well as tighter credit eligibility.  

·         Competition is present when homes are priced at current values and many foreclosure situations are finding multiple offers and above asking price offers commonplace.

·         Short sales are still a source of home buyer frustration because if the purchase comes together at all it is several months down the road with lots of struggles.

If you have an outstanding buyer’s agent quarterbacking your home search and your team of support professionals it is one of the best times in several years to be buying a home.

Visit the Goodwin Realty Group Website!