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Have you delayed your plans to buy a house because of how competitive the market was over the past few years?

If so, hear this: Todayโ€™s market is different.

Hereโ€™s a look at three trends that are good news for todayโ€™s homebuyers.

Number one: you have more homes to choose from. Since the same time last year, the number of homes for sale is up roughly fifty percent. So, finding what youโ€™re looking for today isnโ€™t nearly as hard as it wouldโ€™ve been a year ago.

Number two: bidding wars have eased. In just one year, the average number of offers on a home dropped from three-point-seven to two-point-four. That means you may face less intense competition from other buyers now.

And number three: you have more negotiation power. Ninety-two percent of recent sellers negotiated with buyers on things like lower prices, home repairs, and even covering closing costs.

With these three trends, youโ€™ve got something to get excited about.

So, if youโ€™re ready to kick off the home buying process, let's talk.

March 10, 2023

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