Persistence Pays off When Shopping for a Homeadmin
Due to a lack of inventory, it may take longer to find the right home for you. But your efforts will likely be rewarded.
Recently, the number of new construction homes were not keeping up with increasing demand, especially from those under 35 years old. And the pandemic has made the shortage of housing even tighter!
The housing market is hot and forecasted to show strong gains into the future. Our local market here is Salt Lake County is anticipating appreciation of 4.9% over the next 12 months and 23.1% over the next 5 years.
So while it might take a little more persistence to find your next home, stay with it and don’t get discouraged because the financial opportunity is significant.
To learn more about the cost of playing the waiting game with real estate.
Many sellers won’t talk to you without a pre-approval letter. To have that in hand to increase your chances of securing the home of your dreams contact me today and let’s get started