Biggest challenge of 2014 Mahtomedi Mn. Real Estate Market
2013 was dubbed by some the year of the buyer, and 2014 is even stronger continuing to move up in the same direction... creating the year's biggest challenge... getting caught in the middle of a housing boom!It has been a long time since we saw the flow of real estate as people sell one home and buy another. These market conditions seem to be back with a vengance... however, the shortage of inventory is making it difficult.
It is a little easier for those able to buy without selling their current home first, but when one sale is contingent upon another it can be stressful at least and oftentimes extremely frustrating as buyers compete with other buyers for limited properties for sale and ride the emotional roller coaster of trying to get all the pieces to fit together.
It can be even more challenging to be caught in the middle of a housing domino chain. Take this example...
- People have a townhouse to sell and have selected a house to buy
- The sellers of the house they want to buy have selected another house to buy but the sellers of that house are also buying another house and their buyer must sell before they can buy that house
- The people in the middle with the townhouse to sell have an interested buyer
- Their potential buyer is downsizing, but she must sell her house first... will her buyers have a home to sell before they can buy?
WILDWOOD Realty Mahtomedi Mn Real Estate Professionals:
LOCALLY OWNED AND OPERATED!
ABOUT YALE NORWICK AND
WILDWOOD REALTY:
Serving Mahtomedi, White Bear Lake, Stllwater and Surrounding Communities
We provide full real estate services for only 4.7%. Our
services include 18 pictures uploaded to MLS (which can be viewed on
all real estate company websites & real estate search engines), a
Craig's List posting, full-size lawn sign, brochures and in-home
marketing material. Looking for a home…We represent buyers at no cost to
the buyer.Wildwood Realty
Mahtomedi Mn Real Estate \ Birchwood Mn Real Estate | White Bear Lake MN Real Estate | Grant Township Real Estate
651-426-5232