Well, hello there friends & family!
Hope everyone had a wonderful Passover & Easter! I've been enjoying this turn in the weather while touring homes with clients and while out on broker's open. By the way, I post my finds weekly on my Instagram, so if you haven't checked it out yet, head on over!
While the spring market is warming up, there has been a challenge we've been facing in Real Estate at the moment -- inventory. The market is HOT and people are buying, but there's not a lot of homes on the market. What does that mean for buyers?
- Demand is high, supply is low making it a competitive market. Great homes are still going quick and in multiple offers.
- Be prepared to make a move when you start looking. i.e. make sure you are pre-approved/have financing lined up to pull the trigger the moment you fall in love, otherwise you might lose out on the home of your dreams!
- Patience is your friend. We are hopeful that the spring market will bring more inventory. Finding the perfect home for you will take time... promise it'll be worth it (it took me 10 months)! And of course, I'm here to help guide you every step of the way.
Best,
Noha