Preparation for a Hot Spring Market

Did you know that Spring is peak home buying season, with 40% of purchases happening between March and June?!

If you’re buying a home this Spring, it’s time to put on your game face and get ready to compete. Here are a few tips to help you win the bidding war and secure your dream home…

1. Be ready to act fast.

In a hot market, homes don’t last long. Be prepared to act quickly and make an offer as soon as you find the perfect home. *Ahem* this means getting pre-approval from a lender before starting your search.

2. Be prepared to make a strong offer.

In a competitive market, you may need to make an offer above the asking price to stand out. Be prepared to move fast and make a strong offer to secure your dream home. Don’t worry; we have a few more tricks to help your offer stand out!

3. Be flexible

Be open to different neighborhoods, home styles, and move-in dates. The more flexible you are, the more options you’ll have. Pro tip: Create wants vs. needs list before you start searching.

Final Thoughts

We love helping clients come out on top of a bidding war and lock down their dream homes. The sooner we can start preparing for your purchase, the better. Send us a message at hello@loftteamde.com and visit our website, www.loftrealtyde.com, and let’s get started!

*According to NAR, spring is often the busiest season for home sales, with 40% of typical existing-home purchases taking place between March and June.