The pandemic caused havoc throughout the economy, but in ways you probably wouldn’t have imagined in real estate. Right now there is a 3.3-month supply of housing on the market. In order to have a balanced market where there are enough houses for all buyers, you need a 6-month supply.
This is why it’s hard to find Homes for Sale in Atlantic Beach FL and if you do, they sell fast – faster than most people can even think about whether they want to buy the home.
Why is this Happening? Atlantic Beach FL Real Estate
According to Sam Khater, Chief Economist at Freddie Mac, mortgage rates continue to stay incredibly low, which drives up buyer demand. The easier it is to get a mortgage, the more people want to move, however, sellers don’t have the same momentum, creating the housing shortage felt around the country.
What can you Do? Atlantic Beach Country Club Homes
If you’re a buyer looking to take advantage of today’s incredibly low rates, you need the top realtors in Atlantic Beach FL to help you. With smaller inventory, you have to not only act fast but also know what to do and look for.
Trying to navigate the volatile environment, beat out other buyers, and know you’re getting a good deal is too much for anyone to handle. That’s why looking at homes for sale in Atlantic Beach FL should be done with a top real estate agent.
Knowing you have support ensures:
- You know about the hottest listings as quickly as possible
- You understand a home’s potential value and how much you should or shouldn’t bid
- You know how steep the competition is for a particular home
- You know what sellers want/need to facilitate a successful transaction
- You get through the bidding, paperwork, and all necessary steps to close on the transaction
Finding Homes for Sale in Atlantic Beach FL is Possible
Sure, you could find homes for sale yourself, but you may be too late. Homes are selling as quickly as overnight in the hottest areas and yet some sell before the seller even puts the sign in the ground.
You need someone with an ear to the ground, who knows what homes are listed and whether they are a good deal. The right agent will get you into the home quickly before other buyers, giving you a chance to be one of the first bidders, should you decide it’s the right home for you.
With today’s low interest rates, buyers continue flocking to the market – looking for that perfect house. They know rock-bottom rates won’t last forever, so they’re acting now, while not as many sellers feel the same.
If you’re looking for your dream home let the top realtors in Atlantic, Beach FL help. Without proper support, you’ll put yourself in a competitive environment that’s hard to beat on your own. Let us help you secure the home of your dreams at the perfect price – we’ve navigated sellers’ markets before and we’ll do it again. Contact us to search Homes for sale in Atlantic Beach FL!