Thinking of Buying or Selling? Here is Some Advice for 2018.

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What do buyers and sellers need to know to be smart about the Triangle housing market?

“2017 has largely been a seller’s market – low inventory and some fierce competition among buyers for specific properties. Lots of multi-offer situations,” says Tina.

That means for buyers, you need to be prepared to be flexible, and to move quickly when you find a home that meets your needs. Be sure to shop around for a mortgage. When you put in that offer, have your pre-approval in hand.  New construction is always a good option if you want to eliminate the potential bidding war. If you are considering buying a home, start now. Begin the loan approval process so that when 2018 hits, you’ll be ready with the new inventory that hits the market.

If you’re thinking about selling, there are a few tips to keep in mind to maximize the profitability of your home sale. The good news is in the Triangle area, we are not seeing a slow down. Price your home to sell from the start. You only get one chance to make a first impression, and turning off buyers with your price might turn them off from your listing for good, even if you drop your price later.

Ready to make your move? 

RAK Week (February 11-17)

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