I'm seeing a lot of articles and posts from colleagues across the country and they all seem to be saying the same things...1. Houses are selling and faster than in previous years; and 2. Inventory is limited and that's starting to cause a shift over to a more favorable seller's market.

A recent article by Trulia, Inc released results of a survey that described common homebuyer mistakes.

Nearly 3/4 of those buyers also said that now is the time to buy- don't wait! One factor that is influencing them to say "NOW is the Time to Act"- Rising Home Prices. Other factors have led us to a 12 year inventory low, and this creates a seller's market! What this means is that IF you have to buy a home, you may have to compromise more than in previous years- or you may have to settle on a home that you don't love if you wait.

 

Here are some Home Buyer Regrets noted by The Welcome Home! publication-

I wish I chose a larger home 34%

I wish I had done that remodel- renovation 27%

I wish I had more information about the home (#1 Reason for working with Masha ) 22%

I wish I had made a larger down payment 18%

I wish I had been more financially secure before deciding 16%

It's a new year and I am definitely seeing more sellers getting prepared to make their  homes available for sale. Since so many buyers have been trying to wait it out, I suspect that homes will sell fast!

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Masha Halpern and The Smart Move Team is your ultimate real estate resource for Chapel HillDurhamCarrboro and surrounding areas. Visit my website atwww.TheSmartMoveTeam.com  for detailed information regarding today’s real estate markets.

Masha is a certified member of The Luxury Home Marketing Institute, participates in its annual Leaders in Luxury Conference, and works with The Institute’s thousands of members worldwide to share information about current listings.

Masha is also a certified member of Keller Williams Luxury International and is Chapel Hil & Durham's EXCLUSIVE  member of Cyber Stars International – Top Realtors Using Technology – a group dedicated to taking the best and latest technological advances and applying them to real estate advertising and marketing for her clients in all price pointsMasha Halpern can be contacted for a private consultation by calling 919-414-0337 or by visitingwww.TheSmartMoveTeam.com.