But the real challenge is getting your offer in FIRST!
However, if you want the good stuff, you will be making offers during the summer when inventory selection is highest, transaction volume is greatets. and the buyers need to make quick decision is crucial.
Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
Your best bet is whenever you think you are ready to buy a home. The market in South Florida is really crazy right now with homes being listed and going under contract on the same day. So when you think you are ready to make your next move just make sure you are agressive in the home buying process as to not lose out on the home of your dreams.
Champagne & Parisi
If the property has an asking price of under $400,000, expect to pay asking price or a bit above it. Also, do not be surprised if there are several offers on the property.
If you can purchase in cash, you have a much better chance of being the winning bid. If you are using a mortgage, come with a mortgage approval. Try to move beyond the pre-approval stage.
If you're looking at higher priced properties- $500,000 to a million dollars and over, then you have a better chance for some negotiation.
Property values have increased 29% from last year at this time. Inventory has shrunk by almost 60%, and many of the listed homes are in country clubs. So, in realty, inventory that 95% of buyers are looking for is down even lower.
If you find the property you like, don't deliberate. Act immediately. It will, because of demand, be sold to somebody by the following morning.
Marc Jablon, the Jablon Team
RE/MAX Complete Solutions
Honestly, people have very different experiences opinions on this subject, after 25 years in the business; the best answer to this question would be when you find the right property for you which is priced well and fulfills most of your needs. There will never be a perfect time or house which completes all your needs. That's as honest as I can put to you.
Benik Hovsepian, M.B.A.
Top ranking in Google, Yahoo, Bing & MSN Worldwide
Real Estate Services Since 1988
Why wait? If you see a property you really want, bid on it right away or it will be gone next time you think about it.
NOW is a real good time. If you get a mortgage, there is a good chance rates will go up.
Consider working with me to find you the home of your dreams.
There is no best time of the year in real estate, it all depends on how prices are fluctuating and right now prices are going up, so the sooner the better.
Please visit my blog at Blog: ask4realtor.blogspot.com and take a look at my monthly newsletter so you can see what's going on in the market.
If you need assistance finding a property I'll be happy to help you.
East Coast Realty Group
Blog: Blog: ask4realtor.blogspot.com
I can get 12 people to give you 12 different answers. The best time to make an offer on a property is when you find a property that you want. To make an offer on a property that you might not like as much just to save a few dollars will not make you happy in the long run. If you have any questions please feel free to call me anytime.
Remax Complete Solutions