ROCKWALL, TX / ACCESSWIRE / August 19, 2021 / What do you get when you combine tax spikes, low housing inventory and millions of people with a desire to find their dream home? An unpredictable market.
Needless to say, the housing market in 2021 is hot, but the real estate inventory is low. It's a challenging time for both buyers and sellers-and the interest in homeownership isn't slowing down anytime soon.
Realtor Angel Cleveland knows all too well. Her last three transactions were from former Californians looking to settle in the state to escape high taxes. And many Texans are looking to settle down with their first home.
Just like buyers, she is navigating this seller's market-and trying to help her clients find a place they can call home.
While the market is unpredictable, here are 3 factors buyers in Texas should consider to increase their chances of closing on a home in this seller's market:
Look at homes under your budget
The number one piece of advice Angel urges clients to do is to look at prices that are under their budget. Ideally, buyers should search for homes that are $30,000 to $50,000 under their price point.
Why? To prepare to pay over asking. Properties that are hitting the market right now are selling $30,000 to $100,000 over asking. Some offers are coming in with waivers for appraisal, meaning no matter what the houses appraise for, interested buyers will close on it.
If interested buyers look at homes below their budget, it will give them room to buffer so they have something to offer.
Be prepared to make an offer
In this market, there is no time to decide. Inventory is low and interest is high. If you want to buy a home, preparation is key.
This is where buyers work with their agents to make a game plan.
Stay up-to-date with real estate news
There is no current end date for this seller's market. That's why interested buyers should keep track of all things real estate in their area.
The best thing buyers can do while navigating this process is educate themselves. Read about the local market online, keep in touch with the realtor, the opportunities are endless.
In this climate, buying a home can feel overwhelming and at times, impossible. As long as buyers think strategically, weigh their options and stay tuned into their local market, they can be more competitive buyers.
Overcome the Seller's Market with Realtor Angel Cleveland
When her youngest child graduated high school, Angel Cleveland wondered what her next steps would be. For years, she supported her husband's masonry company, but it was time to take a step in another direction and pursue a career where she could put her love for meeting new people and networking to use.
After her mother in law passed away, and her father in law moved out of their 51 year old home, Angel realized she needed to liquidate the house.
This sparked an interest in real estate, and motivated her to earn her real estate license in three and a half months.
Since then, Angel has been working as a realtor at Keller Williams for 4 years.
Today, she helps clients all over the Dallas-Fort Worth area buy and sell properties.
With years of experience under her belt and many referrals for her exceptional services, Angel is committed to finding homes and closing deals for interested homebuyers.
If you're looking for a realtor to help you find or sell property, contact Angel Cleveland.
CONTACT:
Company Name: Keller Williams
Contact Person: Angel Cleveland
Phone Number: 469-499-4157
Website Link: https://acrepropertyteam.com/
SOURCE: Keller Williams
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https://www.accesswire.com/660607/Angel-Cleveland-Keller-Williams-Realtor-On-The-Current-Texas-Real-Estate-Market
