Most homebuyers in Oakland County Michigan and across the country are not usually open to make a quick home buying decision and view it as a recipe for disaster or a bad decision. In fact Oakland County homebuyers love to look at the many options, different layouts and areas in which to purchase a new home. To make a quick home buying decision many buyers feel pushed into a corner or feel their Realtor is pressuring them to make rash decisions, but in Oakland County Michigan this is not the case at all. Home buyers know that homes are moving faster than ever off the market, to make quick home buying decision is the smart thing to do in Oakland County Michigan.
Quick Home Buying Decision Facts
The fact is, according to a recent analysis the average home took 81 days to sell last year, and is predicted to be even shorter in 2018. Looking at the number of 81 days may not seem quick, but this includes closing which can usually take four to six additional weeks. As we see in our Oakland County Michigan market there are more buyers than available homes on the market causing home buyers to make a quick home buying decision. A recent report from Zillow finds that the average home buyers spends four months searching for a home and makes two offers before being a successful home buyer. What can a home buyer do? First of all expect a process and be prepared to be going against other offers and sometimes multiple offers. Get pre-qualified, know what you want and avoid deal-breakers and know what they are.
The more prepared you are the more likely you will make the best decision, even if it’s a quick home buying decision that you face. The face of the real estate market is always in fluctuation and swings back and forth, but with the still historic mortgage rates and prices’ of home gaining ground at record speed, it is still the best time to become a homeowner. Patience, knowledge, preparedness and a great realtor to guide you through the process can make your home buying experience a pleasant and enlightening one. READ MORE
Please feel free to give me a call as it would be a pleasure to help you through the process of becoming a home owner. Tom Gilliam 248-790-5594