Coit Group Fine Homes

  Why Today’s Seller’s Market Is Good for Your Bottom Line Thinking about  selling your house  and wondering if now’s a good time to do it? Here’s what you need to know. Even though the number of  homes for sale  has been growing this year, there still aren’t enough homes on the market for all the buyers who want to buy. So, what does that mean for you? To keep it simple, it means it’s still a seller’s market. Here’s how it works: A  neutral market  is when supply and demand is balanced. Basically, there are enough homes to meet buyer demand based on the current sales pace, and home prices hold fairly steady. A  buyer’s market  is when there are more homes for sale than there are buyers. When that happens, buyers have more negotiation power because sellers are willing to make compromises to close the deal. In a buyer’s market, sellers may have to do price cuts to re-ignite interest in their home, and prices may go down. But we haven’t seen this for years since there are so few homes av

  Finding Your Perfect Home in a Fixer Upper If you’re trying to  buy a home  and are having a hard time finding one you can afford, it may be time to consider a fixer-upper. That’s a house that needs a little elbow grease or some updates, but has good bones. Fixer-uppers can be a really great option if you’re looking to  break into  the housing market or want to stretch your budget further.  According  to  NerdWallet : “Buying a fixer-upper can provide a path to homeownership for first-time home buyers or a way for repeat buyers to afford a larger home or a better neighborhood.  With the relatively low inventory of homes for sale these days, a move-in ready home can be hard to find, especially if you’re on a budget.” Basically, since the number of homes for sale is still so low, if you’re only willing to tour homes that have all your dream features, you may be cutting down your options too much and making it harder on yourself than necessary. It may be time to cast a wider net. Someti