4 ways to get ready for the summer home-buying season

There’s a season for everything. Football fans wait for the first cool breeze of fall to signal the beginning of the season, while skiers anxiously check snow reports. For those who are looking to buy a house, summer is the home-buying season. This is when the housing inventory is high and moving is easiest.

Each year the real estate market is a little bit different from the previous year. From the looks of it, 2017 is going to be a seller’s market, which is also great for buyers. A good market for sellers means more people who wouldn’t want to sell may be compelled to put their home up for sale, which means more homes for you to choose from.

If you think this might be the year you buy a home, keep these four key steps in mind to help you get ready for the 2017 home-buying season.

  1. Get pre-approved. In a competitive market, you want to make sure any offer you put on a house has teeth to it. To do this, you need documentation to back up your offer. Being pre-approved does just this. It shows the seller you can make good on your offer. If you’re not pre-approved (and not looking to buy with all cash), sellers will likely pass you over and go with someone who is pre-approved.
  2. Step away from the computer. Yes, we all love our technology and could easily spend hours looking through houses on real estate websites, but these sites only tell part of the story. There are more houses out there than are listed online, and in a competitive market, you need to work with a knowledgeable real estate agent who can lead you to these properties.
  3. Be clear about what you want. Make a list of must-haves and a list of things you’d like. For example, you must have two bathrooms, but you’d like granite counters. This will help you and your agent streamline your search and find that dream house faster.
  4. Be flexible. OK, we know this sounds like we’re going back on the previous point. But just as you should know what you want, realize that you might not find the perfect, fairy tale house. Keep an open mind and remember, once you've moved in, settled down and maybe have done a little renovation, you will make this your perfect home!

To learn more about the Cedar Rapids real estate market, talk to a Coldwell Banker Hedges Realtor® today. They know the area and can show you some great homes.

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