Page 10 - Ultimate Buyer's Guide

7. The Current Market Conditions 10 The Ultimate Home Buyer’s Guide Now that you’re in the market to buy a home, you’re going to notice every little thing you hear about the housing market. It could be on the TV, a headline or article online, friends, family, coworkers...everyone has an opinion on how the real estate market is doing. Some agents even distribute quarterly market updates that are just too broad and general. The problem is, most of what you hear is based upon national data, trends, and statistics. Even if it’s “local” insight, it’s often still too broad and general. Real estate markets are very localized. They even vary between towns and cities, from one price range to the next. This is why I don’t like to paint it with too broad of a brush. But, to put it simply, in our area, it is a pretty steady market, since there is typically enough inventory for buyers to find a home that fits their needs as people are steadily moving throughout the year for various reasons such as jobs, change in school districts, upgrading, downsizing or retiring. But even that is a fairly broad, general way of looking at the market conditions. You and I will speak more in depth about the current market conditions specific to the price range and area(s) you’re focusing on. Bottom line: Don’t base your mindset or decisions on what you casually hear from day to day. Fiona Anderson 832-475-8474 fiona@theandersonrg.com