Stacey Essar, Realtar and Tenfali, founder of Stacey Essar Group in New Jersey, says it is still one Seller marketBut a small innings believes that homebuildings are coming.
“Perhaps it took a week to sell a house, and now we’re hovering in three weeks,” Essar told CBS News.
A part of the shift, Esser says, more will be operated by more houses coming in the market. According to real estate company Redfin, in May, there were 34% more sellers than buyers at the national level. This is the highest rate since Redfin started collecting data in 2013.
But it is still considered a seller’s market because even if the inventory is increasing, there are prices, Esser says. It is partially operated by the owners of the household, which are closed at low interest rates, there is very little encouragement to sell them.
In June, Average US selling price According to Radfin, a record of $ 396,000 for a house reached a high level.
“Anything that has been updated and the new and turnkey is seeing the biggest growth,” Esser said. “And anything that is in that entry-level price point, whatever your entry-level price is in your market, is also seeing the biggest growth.”
The location plays a major role. Austin, Texas; Phoenix, Arizona, and Most markets in Florida are better for buyers because there are more inventory, data of radphine, while Newarark, New Jersey; Long Island, New York, and Suburban Philadelphia are in favor of vendors as there is low inventory.
Sirvan Aiswick and her husband Tanafali own a salon and say they have been looking for their first house for more than two years.
“Last week, I just introduced … and then they could not accept my proposal because they said that 19 people offered [on] That house, “said Aisvik.” When I heard, like 19 people, I could not believe it. ,
Experts say that to improve their opportunities for home ownership, make a proposal at a house that is sitting in the market. The owner may be more inclined to talk. Another tip is to see programs for homebuilders for the first time.
“Look for the best home in the best neighborhood,” Esser said. “Buy that house and see what other people can’t see.”
Aiswick said that a house would be a home American dream for his two girls, but disappointment is disappointing.
“This is, like, for me, not for my whole family, they get disappointed,” said Aisvik.
“I am trying her all the time, and like it, she is very excited,” Aiswick’s 19 -year -old daughter said about her mother. “He, like,” we are going to put in this proposal, and hopefully we will have the highest one, so we get it. ” It is difficult to see her in that situation, because I see how much she is trying. ,
