Everyone Wants a Bargain
Posted in Buyers by Karen Rhodes on October 23rd, 2006 When I’m not working I spend a lot of time online reading. Mostly real estate news and blogs. I ran across one today from Inman Consumer News about trying to find a bargain in our current market. So many people think because we are in a buyers market there are bargains everywhere. Inman did a good job of explaining why it isn’t necessarily true as well as some pointers on buying in this type of market.
"Last year, good real estate deals were few and far between. This was due to the fact that inventories of homes for sale were at record low levels. And, there was an abundance of buyers, all looking for the same thing.
Today in most areas, buyers have the luxury of choice. So, there’s less of a chance you’ll overpay because you have to outbid another buyer. However, even though there is a lot to choose from, this doesn’t mean that it will be easier to buy a property at a bargain price."
