Buyers, have you found that when trying to purchase a home here in the Inland Empire that you are running up against multiple offers? Are you frustrated because you cannot seem to get an offer accepted? Well, join the crowd. It seems this is the norm right now. Do you have any idea why this may be? Well, there are several reasons. The first one is that you have a lot of competition due to the interest rates being so low. The second reason is that there are not enough homes on the market right now. We need the sellers to list, but they are not listing for many reasons. They are not listing because they may still be under water, but they don't want to do a short sale. They are waiting for the values to come up even more. So, they are holding out. Even the new home builders are not releasing homes like they were. They are only releasing a few homes in a phase. Lennar for example is only releasing 4 homes in a phase. That is kind of unheard of...phase releases before were much higher depending on the developer of course.
I have gone out with buyers and we have the same situation happening. All agents have it happening. It is just as frustrating for us because we really really REALLY would like to find you a home. Many times homes are sold even before they hit the MLS due to networking done by agents. However, finding a home can still be done of course, but you really need to be patient and also persistent. You need to be ready, willing, and available to look at homes as soon as a home comes on the MLS. And, you really need to listen to your real estate agent as far as what they tell you they need when it comes to an offer. I make sure we have all our "ducks in a row" before we even go out looking at homes so we are one step ahead of other buyers.
I can help you find a home if you are looking in the Inland Empire. Just give me a call 951-204-1864.
Looking forward to helping you!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
calljoan4ahome@gmail.com
http://inlandempirerealestate.kwrealty.com
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