Have you been looking into homes for sale recently? You’ll need to brush up on your real estate agent know-how! The housing market in the United States, contrary to popular belief, has only been getting better and better — more and more families are seeking out houses to raise their kids and reinvent their life, from lake homes to idyllic traditional homes, and real estate agents have never had more work to do. A real estate company is committed to providing you with all the resources you need to make your goals a reality, such as providing a wide variety of options, directing you to insurance coverage and answering any questions you have about loans and mortgages. Let’s go on a crash course on houses for sale and see what steps you need to take!
First-Time Buyers
Did you know over 30% of people looking to buy new homes are actually first-time home buyers? Rest easy knowing you’re not alone on your journey to getting that house you’ve always dreamed of! A real estate agent can cut the fat and eliminate any concerns you have about committing to buying a house — everything from mortgage rates to budget concerns can be discussed in full before you sign a contract, easing stress and making your decision one that will feel meaningful for years to come. Over 75% of recent home buyers found their real estate agent to be a very useful information source, beat out only by Internet searches at 82%.
Second-Time Buyers
While a significant chunk of home buyers are venturing into the real estate market for the first time, there are others who have done this dance before. Nonetheless, second-time and third-time buyers will seek out a real estate agent to keep up on all the changing trends of the dynamic real estate market and get the best deals possible. Buyers generally search for 10 weeks at a time, looking at an average of 10 different homes before making a final decision. A real estate service can make this process a lot smoother, providing you with a plethora of housing options to choose from.
Real Estate Market Trends
In the age of the Internet information is readily available at the mere click of a button. This has greatly influenced how houses are browsed, rated and bought. Consumer use of online searches reached an amazing all-time high of 92% for home-related searches and inquiries, rising to almost 60% for both mobile and tablet devices. Interestingly enough, these searches tended to reach a peak on weekends!
Customer Buying Trends
Now how about the most important part of the real estate market? The majority of recent buyers who purchased new homes generally wanted to avoid renovations and mundane problems, such as issues with plumbing or electricity — buyers who purchased previously owned homes generally considered a better price at 30% or more. As for the distance between homes, there was an average of 14 miles in-between the houses that recent buyers purchased and the homes they left from.
Finding A Real Estate Agent
Buying a home is a lot of work. You have to take into consideration the location, the benefits it will have on your job and schooling, the effect it will have on your family and children…whew! With a real estate agent you can get the basics out of the way so you can focus on what matters most to you. They’ll help direct you to resources that can analyze your credit history and take into account your lifestyle so the decision is a long-lasting one. Studies have shown over 60% of homeowners wishing they understood the terms and details of their mortgage agreement better — with a real estate agent, you won’t have to worry about a thing. Now get out there and shop for a house with confidence!