Would be Buyers sidelined by high prices & bidding wars are now venturing back, if skittishly
Andrew Williamson spent 2 years looking for a house in Toronto, making offers that got topped in bidding wars & watching prices soar beyond his reach. By late spring this year, the 29 year old photographer halted his search, turned off by high prices & the whip saw volatility that was unfolding in the market.More....
HOW REAL ESTATE MARKET CONDITIONS AFFECT YOUR OFFER PRICE
If you are buying a home, then, before you decide on whether this home is your dream home, the following checklist will help you look at prospective homes with a critical eye. We suggest printing this page and putting it on a clipboard. When you find a home that really interests you, mark the features you see and note their general condition on this list.
When should I sell my home? Your answer to this question might be right now! If you have taken a job in another city or made an offer on a new home, or had an addition to your family, selling your home fast might be the most important goal you have. Most people, however, have some flexibility when they sell their home. Let us take a closer look at the most important factors that can go into this decision.
A hot market is a "sellerís market". During a sellerís market, properties can sell within a few days of being listed and there are often multiple offers. Sometimes homes even sell above the asking price. Though most buyers want to get a "deal" on a home, reducing your offer by even a few thousand dollars could mean that someone else will get the home you desire.