DO YOU FEEL MORE COMFORTABLE BUYING IN A HOT MARKET?

It's odd that with all the homes offered for sale, many buyers can't find a home to buy. If you're that buyer and you're serious, consider the following. 1. Get to know the inventory in your target area(s). While some listings will not fit your criteria they can be removed from your interest list at the start. 2. Find an agent who specializes locally and is informed on local market conditions. 3. Ask your agent to sign you up for a listing alert, sending you emailed listings directly from the multiple listing service. You can also include "status" changes watching out for those listings that are back on the market or have price reductions. Also, don't assume there's something wrong with the property if it's back on the market, your agent can ask why, so keep an open mind. Keep in mind salable listings are in "move in condition", properties that need work will most likely be priced to account for work needed.