In today’s real estate, your local market is changing almost daily. National reporting, “expert” opinions and just opinions – like mine, continue to paint an optimistic or pessimistic horizon. There is no middle ground simply because of too many issues and forces affecting our daily lives. Although my blog posts tend to paint a dire picture, I am very optimistic on housing --- especially for buyers!
Every market is different and you should understand the national overview but apply the overview locally to ascertain local validity. I strive to present the facts as researched and you should make your own conclusions.
Today, as you know, information is power.
However, it is what you do with the information that is the key to your success.
If you are considering buying a “deal”, you need to become an expert on your local market. There are four things you must do:
1. Look within a small geographic area
2. Look intensely for a short period of time
3. Look at many, many properties.
4. Call me to assist you!
After a while, you will know what the price should be and you will spot a bargain when you see it. Spreading out your search over various neighborhoods or over a period of time will not be sufficient to find the “needle in a haystack.
The market is rapidly changing and you must focus your search.
Then and only then will you be ready to act.
If you don’t act, what are you waiting for?
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