Ravenous home buyers are still picky eaters


Ravenous home buyers are still picky eaters
By Scott Rogers • April 28, 2017
Inventory is low -- buyers do not have many choices of homes to purchase -- but that doesn't mean they'll buy ANYTHING. Buyers are still being relatively picky, not wanting to compromise too much on their buying objectives. As such, all home sellers should not assume that as soon as their home hits the market for sale, multiple ravenous buyers will be fighting for the chance to snap it up. That is happening more now than it has in any recent years -- but not for all homes, in all locations in all price ranges. Here are some home characteristics that might make your house a vegetable that many home buyers turn down.... PRICE -- If your home price is high, but is appropriate given your home's value, you still might be pricing many buyers out of the market. If your home price is too high compared to the value of your home, you may be keeping buyers from getting excited about purchasing your home. LOCATION -- A wonderful home, in a distant or undesirable location, becomes a not as desirable home for most home buyers. CONDITION -- If your home requires many repairs or updates, that may keep buyers away, as they may not have the budget for those improvements after settlement. There are plenty of other aspects of a home that can keep your home from selling quickly when it hits the market. Before putting your home on the market, let's chat a bit about what is reasonable to expect from a timing perspective in selling your home. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 22, 2024 (unless otherwise noted).
Comments (0) or Subscribe