Things are getting better for the Home Buyer

Realtor Showing Young Couple Around Property For SaleIn the past year, things have been unusually difficult for the homebuyer. Fortunately, those conditions have changed.

The latest monthly report by Realtor.com, which tracks the housing market, said that the number of home listings were growing and were also spending more time on the market.

In the past year, people felt pressured to forgo things like home inspections and appraisals. Making these concessions are risky and could result in buying a home with serious issues or buying a home that is worth less than you thought.

We are told that buyers can actually negotiate with sellers now, which is something we haven’t seen for a while. This is certainly good news for home buyers.

The active inventory number is in part increasing as more homes spend a longer time on the market.

According to Realtor.com, the typical home spent 67 days on the market, which is 11 days more than it did over the same period last year.

In the past year, home buyers were having to be also “on call” waiting for a new listing to hit the market so that you could rush over to view the property before it sold. Home Buyers were very often forced to present an offer on a home knowing that the seller was going to receive a dozen other offers.

Buying a home is currently a more pleasant experience. However, it all starts with the home loan, and you should start by calling Ruth. Ruth Schoenherr is a mortgage broker who will help you find home loans in the Clearwater and Tampa Bay area, and serving all of Florida. For more information, go to her web site at www.ClearwaterMortgageBroker.net or call at 727 447-2418.