You may have heard on the news or online that we are currently in a ‘Seller’s Market’. But what does this mean? A Seller’s Market means that there are currently more interested home buyers than homes available for purchase. This gives sellers an advantage in the real estate market. As a buyer, the housing market becomes more competitive. Homes listed for sale often have several offers. Many are listed and have an accepted offer within hours. Homes may have several offers, and it is not uncommon for buyers to offer well over the asking price for the home.
So what does this mean for the buyer?
It means you have the odds stacked against you. You may spend valuable time going from home showing to home showing, pressured to make decisions quickly. If your offer is not accepted, you likely will not get a chance to counter or negotiate non-price factors. If your offer is accepted, your seller may not feel as though they need to accommodate any requests to fix things that come up in an inspection because there are other buyers out there. Worse even, your home may not appraise for as much as an offer, leaving lenders to not fund the loan.
So, if you are in the market for a new home, how can you get the home of your dreams in a seller’s market with little stress and risk?
At Tanzanite Homes, we encourage many buyers to consider building a home instead. Building a custom home guarantees that you get what you want in your home, accommodating your home to your family’s needs and not the other way around. Why compete for homes that do not have the amenities or finishes that you desire?
You do not have to settle with a custom-designed home.
When you purchase a new construction, you can build exactly what you want in your home. No more searching for less desirable homes, rushing around to home showings, or writing overpriced offers. With Tanzanite Homes, the process is simple and smooth. We help you choose the right finishes that make your house a home every step of the way.
It’s time to get out of this crazy seller’s market! Get exactly what you want without the stress by contacting Tanzanite Homes today about your custom-designed dream home.