Tuesday, June 21, 2011

WHAT TODAY'S HOME BUYER IS LOOKING FOR!

It's always good to see the stats from places like Realtor.com, because they compile information from all over the country regarding trends in the market. And it's quite obvious that "trends" are really important to buyers, sellers and realtors right now!

The first thing that emerged in the long-range study is that buyers are aware of the severity of the market issues, and they want a great deal. And they want incentives to go along with it. That may include things like gift cards or help with closing expenses.

Secondly, because everybody is impacted by high prices in taxes, food and fuel, they want a place that's "move-in ready". They don't have the money to do a "fixit". Even if they end up buying a foreclosure, they don't want to spend money fixing it up.

Next, buyers are looking for "open space". And they want outdoor living components such as outdoor kitchens and porches and patios.

Lastly, today's buyers are looking for some energy efficiencies such as energy saving appliances, insulation and windows.

That's all for today. Call me and let's find yours!