It’s no secret that home values are starting to increase as we start off the year 2013. In addition to the raising values, it appears that a shortage of homes on the market is upon us just before the spring selling season. The amount of people wanting to purchase a home largely outnumbers the available homes for sale. Needless to say, competition for homebuyers will be fierce in 2013.
Sellers have the advantage right now – they could potentially end up with a higher amount than their asking price. However, sellers are also waiting for the home values to increase more before listing their homes, thus creating a shortage of houses for sale.
So what can you do to gain an advantage in home buying during this tight market?
First off, don’t spend more than your budget allows. It’s easy to get caught up in the hype and up your…
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