More homes are anticipated to hit the market this year, but still below pre-pandemic levels. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, inflation is easing. All great news for buyers. However, you will still need a competitive strategy to come out ahead. Here’s how to get started:
Build Your Team
Make sure you have trusted professionals on your side, including your local real estate agent and lender. Professionals bring the skills needed to move quickly and effiently in today’s market.
Make Strategic Plays
Careful budgeting and planning for your down payment are key. Think about your wish list and prioritize what you need.
What’s in and Out of Bounds
Figure out if you want to stay i the same area or branch out to new communities. Make a list of neighborhoods you’d like to live in.
Stand Out from the Crowd
First, get pre-approved to show you’re a serious buyer. Lean on your realtor’s expert advice to draft the strongest offer.
The housing market is shifting, and buyers may have different opportunities in the upcoming year. You can be a champion if you have the right team and strategy. Let’s connect today to make your game-winning play! Drop us a line with your goals: realty@destinationmaui.net.