Buying A Home Today Might Feel Like Mostly Waiting Around


Buying A Home Today Might Feel Like Mostly Waiting Around
By Scott Rogers • January 24, 2022
In days gone by, when you decided to buy a home, you would talk to a lender to get pre-qualified and then you would start going to view homes that were currently on the market to see if there was a house available that you wanted to buy - or whether you would decide to wait for some other houses to be listed for sale in the following weeks or months. Now days, that initial phase of looking at homes -- going to view homes that are currently on the market to see if there is a house available that you want to buy-- often does not exist. Many folks who decide to buy a home talk to lender to get pre-qualified and then find there are no homes on the market at that moment that they want to go to see. Now, to clarify, there may very well be homes "on the market" that are of interest -- but they'll all be under contract. And such is the fate of many home buyers these days -- get pre-qualified -- and then wait. Wait for the next new listing that is of interest and then hurry out to see it within the first few days to see if you want to make an offer. Interestingly, there are likely to be just as many (or more) choices of homes for a buyer to buy now as compared the "days gone by" described above -- it's just that now days those homes don't linger on the market, so there are very few available at any given time -- though there will certainly be more options hitting the market soon. So, if you plan to buy a home in 2022 - get pre-qualified - and then get ready to wait. :-) 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 21, 2024 (unless otherwise noted).
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