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Vanguard Realty Associates

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The 2018 Housing Market

Filed under Buying a home, Home Buyers, Selling a home on Feb 15,2018 | Tagged in: ,

If 2018 is the year you plan to move ahead with buying, selling or renting a home, this report from U.S. News and World Report has some information you need to know. 

In a nutshell, their report predicts that homebuyers will face headwinds, sellers will remain in the sweet spot and renters may see more incentives and negotiating power.  The inventory of available homes will continue to be tight. So, if you’re a buyer, it will be important to have your financing in order, so you’ll be pre-qualified if there are multiple offers on a home.  That same lack of inventory will work to the advantage of sellers, who may be able to ask a higher price. For renters, the recent boom in new construction of apartments means that you may have more bargaining power in buildings that have a sizable number of vacancies.  Whatever your housing goals for the year ahead, the best advice is to do your homework.  Reading this report is a good first step.

The next is to contact a real estate agent who knows your local area – like the team at Vanguard Realty Associates.  We’re ready to help!

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Testimonials

"I worked with Donna Brun for the past year to sell my home in Cold Point Manor. The real estate market has not be optimal for sellers. I have to share it was a pleasure to work with Donna. Her commitment and honesty were important to me. She cares about the work she does each day which I find so valuable and refreshing in business today. I would highly recommend Donna Brun to help you with your real estate needs." - Scott Passman

Scott Passman

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