Maybe, Just Maybe, Buyers Might Be Able To Look At More Than One House At A Time In 2023??


Maybe, Just Maybe, Buyers Might Be Able To Look At More Than One House At A Time In 2023??
By Scott Rogers • January 11, 2023
The actual process of home buying has been a bit bananas for the past two years. Buyer: I want to buy a house. Me: Cool. Buyer: Let's go see a bunch later this week, K? Me: Every house for sale you might like is already under contract. Buyer: Ugh. Me: Wait, a new listing just came on the market, let's go see it, ASAP. Me, Two Weeks Later: Now there's another new listing! Me, Three Weeks Later: Ooooh, another new listing! Basically, many (most?) home buyers have only been able to consider one house at a time for the past two years. Homes were going under contract so quickly after they were listed for sale that it was rare for there to be two or more houses of interest on the market, not under contract, all at the same time. Which... lead to some less than ideal decision making for buyers. A buyer would have to decide whether to make an offer on each house, individually, without yet knowing what the other options would be (or might be) in the coming days or weeks. So, if the market starts to transition a bit in 2023 -- and if (a big IF) inventory starts to creep up a bit -- then maybe, just maybe, buyers will finally be able to look at more than one house at a time this year?? And compare and contrast them? What a novel concept! ;-) 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).
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