Cash in on Spring Housing Market for Affordable Real Estate

It's the perfect time to get a jump on the spring housing market to find affordable real estate in Hampton Roads. Yes, the rumors are true. Inventory is tight, buyers are plentiful, new construction homes are getting snatched up before they're built and the demand continues. Combine these factors and market conditions become less desirable as prices increase, sellers lose interest in negotiating and choices dwindle.

Times can be tough for buyers in this spring housing market, but there is a relatively easy solution. Make sure to get the home you want by following a few simple guidelines.

  • Get prepared. Move-in ready homes at unbeatable prices may still be possible in some cases, but be prepared for other scenarios. While affordable real estate in Hampton Roads remains accessible, the well priced homes may attract so much interest they could incite bidding wars. Don't begin the home buying journey with expectations of markets from years' past.
  • Develop a strategy. Taking things slowly and thinking about each possible home that meets your qualifications could backfire. Things are already heating up, so it's best to get prequalified and be ready to write a solid offer the minute you see the right home.
  • Seek help. Now is no time to wade through a competitive arena without a trusted professional who can look out for you. Our agents know how to negotiate in any market to get what their clients want.

Don't let rising prices or inventory shortages frighten you. Buyers can find affordable real estate in Hampton Roads in this spring housing market when they play it smart.

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Categories: Home Buying Real Estate Market Regional

Cities: Virginia Beach Chesapeake Norfolk Williamsburg Newport News Hampton Suffolk Yorktown Richmond

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