Posted by on

To Buy or Not to Buy?

To Buy or Not to Buy?

This time of year there is so much to do. The list seems to go on forever and next year we will have to start in January just to be able to get things done. But could you possibly fit in one more item on that long list? A decision that may affect you way after the holidays have passed is – Is it time to buy a house? What, you say to yourself. How could you ever think of something like that at a time like this?

Let’s consider the following: Sellers who are willing to list their home during the busiest time of the year are the sellers that really need to sell their home. Buyers can take advantage of this rush, whether it is as an investment property or a new place to call home. It sounds like a no-brainer. Sellers want as many offers as possible, as fast as possible and they are ready to negotiate.

There are still strategies you can use to obtain your dream home. If you do not find a home that fits you, you may be able to tap into homes that do not have a for sale sign in their front yard. First find a creative real estate agent to help you find the home of your dreams. Ask your agent to look up expired real estate. Your agent will be able to research the current status of the home and why the listing expired. On the opposite end, ask your professional to check and see if there are any homes coming soon onto the market. Your agent should have a network of other real estate professionals and brokers to get this information to you. Ask your agent to send out letters to your desired neighborhoods stating that you are in the market to purchase a home, and ask if they are interested in selling!

If the timing for you is NOW, don’t let the lack of inventory keep you from looking. Make sure you are hiring the right Realtor. Realtors are not magicians. They can’t make what is not currently available, become available. But a good Realtor will be able to find what is not currently available and see about making it available.

Why is now the right timing for a purchase? Many personal factors come into play so I’ll let you answer those questions. One really good reason why now is a good time, is because rates are still really low. A home owner can still lock in a 30 year fixed rate mortgage for around 4%. The rates have been low for quite some time and I think many anticipate rates will remain low in effort to keep the economy from collapsing. If the rates start to hike up, the amount of home you can afford will decrease.

As everyone’s situation is different, it’s extremely important for anybody looking to make a real estate decision, to consult with several professionals. A Realtor being one of those professionals. Explain your situation, your goals and your estimated plans for the next several years. Your hired professionals will provide market information that will allow you to decide if it is time to buy or not to buy.

Scott Bird, Realtor The Bird Team

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

What Our Customers Are Saying

Went Above and Beyond

I can’t say enough wonderful things about Alecia Jones! She was absolutely fabulous to work with. Moving is such a stressful event but Alecia made it so easy! She is extremely knowledgeable, such a hard worker and...

Brandi Teuscher
Incredibly Knowledgeable

We couldn’t have asked for a better experience when we listed our house with Alecia. She was extremely motivated, proactive, and worked hard for us. She is incredibly knowledgeable and was able to give us suggesti...

Craig & Tina Brown
Loved working with Alecia

Alecia was amazing to work with! She is very personable, efficient and knowledgeable. Alecia was very helpful in explaining the process of selling our home. She is highly responsive, always responding back in a time...

Guy & Lori Neighbors
Seamless Experience

My wife and I are very fortunate to have Alecia as our realtor. She is very knowledgeable of the local area and highly responsive to all our questions which made our home buying seamless from start to end. Not only ...

Eui & Amy Chung
Rockstar Agent!

Thanks Alecia your the best!!! Thanks for putting up with us and our sporadic behavior. No really if you guys are looking for a realtor, look no further. Alecia Jones guided us in the preparation of putting our house on the market. She waited clos...

Doug & Jana Fowler

I had the pleasure of working with Stratum Real Estate Company in Cedar City, Utah. Paige Marsh was an exceptional real estate agent. She worked diligently to work a complicated transaction to fruition, and was readily available to answer all of...

5 stars for Brad Lewis

Brad goes out of his way to find a home that fits your needs. He helps you to see the pros and cons of a home so you can make an informed decision with confidence.

Loved working with Scott Bird

This is the second time we have worked with stratum real estate and we are happy with buying homes with them. Scott bird was very helpful, always there when I texted or called. He answered all of our questions and if he didn't know the answer he f...

Breanna Whittaker
Thank you Joel!

Our experience working with Joel Hilkert was one that required a lot of patience on his end, us being fairly new to the house purchasing process and our parents being on the other side of the country meant we needed a little bit of extra help. He ...

Casey & Brandi Lavoie

Alecia Jones just sold our house for us. She explained the whole process to us very clear and she was so on top of everything. We got what we wanted out of our house plus some. Her assistant Christal is wonderful to work with as well. As a team th...

Tammi Poulos

Read More Testimonials »

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

This IDX solution is (c) Diverse Solutions 2020.