Notes for Buyers
• Be prepared for competition. In popular suburbs and desirable school districts, expect competition, especially for well-maintained and fairly priced homes.
• Get pre-approved and act decisively. Knowing your budget and being ready to make a strong offer quickly can be advantageous.
• Consider a wider range of suburbs. If affordability is a key concern, explore suburbs that might be slightly farther out or have a broader range of housing stock.
• Factor in property taxes. Property taxes can vary significantly between suburban municipalities and school districts. This should be a crucial part of your budget calculations.
• Consider new construction opportunities. Look into new developments if you desire modern features and are willing to potentially wait for construction to be completed.
Notes for Sellers
• Favorable conditions persist. With strong demand, it remains a good time to sell in most suburban areas.
• Strategic pricing is essential. Even in a seller’ s market, overpricing can deter buyers. Work with a local agent to determine a competitive price based on recent comparable sales.
• Highlight key suburban draws. In your marketing, emphasize features like good schools, spaciousness, community amenities, and recent updates.
• Home inspections are crucial. Especially for older homes, a thorough inspection can save you from unexpected major repair costs.
TIPS FOR BUYING & SELLING IN THE FALL
Buying and selling a home in the fall has some unique advantages, but it also requires smart strategy. Here’ s a breakdown of the best tips for both buyers and sellers in the autumn real estate market.
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