Multiple offer situations during buying a home right now? Crazy seller market making it write offers on four, five, six homes and you still can't buy a home?
Maybe you've heard about the real estate market, or mabye you're experiencing it yourself, but Darin Persinger, host of http://insiderealestateshow.com shares with home buying tips and advice on what to do if you want to buy a home in this multiple offer environment.
Some of the links Darin mentions in the show and for additional reading. Homeownership Rate in the US: https://research.stlouisfed.org/fred2/series/RHORUSQ156N
Also, read this story about U.S. Homeownership rate falls, nearing a 48-Year Low.http://blogs.wsj.com/economics/2016/04/28/u-s-homeownership-rate-falls-again-nearing-a-48-year-low/
"The homeownership rate fell slightly in the first quarter of 2016, dashing hopes that it had finally hit a bottom.
In the first three months of this year, the rate was at 63.5%, not seasonally adjusted. That is down from 63.8% in the fourth quarter of 2015, according to estimates published on Thursday by the Commerce Department. That puts it back near its 48-year low of 63.4% in the second quarter of 2015.
At the end of last year, economists had said the homeownership rate appeared to have stabilized and might begin to tick upward after falling for years following the housing crisis. When adjusting for seasonality, the homeownership rate in the first quarter also fell slightly to 63.6% from 63.7% in the fourth quarter of last year."
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OR WATCH THE INSIDE REAL ESTATE
LINK for this video is: https://youtu.be/pioimkmM3FA
This episode is also on Apple iTunes: You can listen to this conversation on iTunes:https://itunes.apple.com/us/podcast/inside-real-estate-show-darin/id1087114866?mt=2
Real Estate Resources For You:
Want to know the value of your home? Start at http://getyourinstanthomevalue.com
If you're shopping for a new Lake Stevens real estate, a home in Monroe, WA an Everett home, a house in Snohomish, visit http://persingergroup.com
If you're ready to sell your Lake Stevens home, or your Monroe, WA home or sell your Everett home or sell your Snohomish home visit http://persingerrealestate.com
If you're a homeowner in Snohomish County, check out the Snohomish County Real Estate Market Update page at http://www.persingergroup.com/real-estate-market-report/
Snohomish Real Estate Snohomish Realtor Snohomish Real Estate Agent Lake Stevens Real Estate Lake Stevens Realtor Lake Stevens Realtor Everett Real Estate Everett Realtor Everett Real Estate Monroe, WA Real Estate Monroe Realtor Monroe Real Estate Agent Darin Persinger is a KW Western Realty state of Washington real estate broker.