Tips for Buying a Home in a Hot Seller's Market
Posted by Elizabeth Boswell on
Like most regions in the U.S, Florida’s Emerald Coast is currently experiencing a hot seller’s market. As a home buyer this can be frustrating because homes tend to sell far over asking price and can get snapped up quickly. However, with a bit of preparation and the help of an experienced real estate agent, the process can run smoothly.
What is a Seller’s Market?
A seller’s market happens when there is high demand for homes, but fewer properties on the market. This is great for sellers because they can often sell their properties quickly and for more than expected. However, home buyers may face tough competition with bidding wars that can drive prices through the roof. In addition, it may be tougher to find the perfect home due to low…
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