You don’t have to be an avid follower of the market to know that in the past several years the price of homes has skyrocketed while the supply of properties for sale has diminished. Here are some tips for buyers and sellers to help you map out your real estate strategy during this unprecedented time.
How to map out your real estate strategy for today’s housing market
Suggestions for home buyers
Even if the market loosens up and more houses are listed for sale, there will still be plenty of competition this spring and summer with prices never seen before in many neighborhoods. Basic strategies should be considered whether you are a buyer or a seller. Adhering to the above steps, such as insisting on a pre-inspection, can save buyers and sellers time and money.
Rory S. Coakley is founder and president of Coakley Realty, a full-service residential and commercial real estate company in the Washington area. He writes an occasional column about housing issues.
Source: WP
