Residential

How To Buy A Home In A Tight Housing Market

Shopping for a home is a challenging task right now. Home prices went up 6.3% in December compared to the year prior, according to the latest S&P CoreLogic Case-Shiller national home prices index. That’s likely due to high demand and a tight supply of homes.

That makes it a seller’s market, which means—as a buyer—it may be harder to land the home you want. Here are some strategies for making it happen:

Do some preliminary shopping. Determine when you’re going to start shopping seriously—that is, when you’ll be ready to start making offers on houses—and start looking two to three months prior to that date.

Read Article at Forbes.com

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