The spring housing market can fierce and competitive for home buyers. In a competitive market, it’s essential to be flexible. That could mean going with a fixer-upper, even if you imagined a move-in-ready dream home. There are just more of them out there. The number of starter homes on the market is shrinking, but there are 8.3 percent more fixer-uppers among them than six years ago.
When homes are flying off the market within days, it’s easy to think a listing that’s a week or so old is a red flag. It’s often because a buyer may not want to put in added work or got cold feet and pulled out of a deal on a perfectly good house. But thanks to the assumptions people make about older listings in busy markets, the delay can cause the price to decrease.
Don’t overlook homes that have been on the market more than a week, I have found many times it could be THE ONE!
If you or someone you know if looking to buy or sell a home, It would be my honor to help! All the best, Lisa Joy