If at first you don't succeed...

Try, try again!  The real estate market in our area is showing signs of life and many homes are going into escrow quickly.  Some homes are experiencing multiple offers causing bidding wars and usually when that happens the home ends up selling for higher than list price.  If you are considering buying a home and are concerned that values may drop more, there may be cause to reconsider purchasing a home sooner than later.  Interest rates are amazing and home prices are at record lows.  Overall, home prices have been slowly increasing over the past 4 months.

I am working with roughly 8-10 active buyers in Solano county right now so I am seeing first hand what they are experiencing when they find a home they like.  Many times they write an offer at or above asking and they are still losing out to other buyers that have cash or have simply written a higher overall offer than theirs.  As the market pendulum swings the other way it's important to remember that there is still a lot of inventory on the market.  If you don't get the home you like the first time, keep looking and remember that you will find a home that works for you, even if you have to make a few compromises to get it.  And, make sure you are working with a Realtor that is as dedicated to finding you a great home as you are.  One of my buyers wrote 4 offers over a 3 month time span and after losing a few homes to other buyers (or simply having a bank reject his offer), he re-grouped and re-prioritized what he was looking for in a home and just found a wonderfully updated home which he was able to negotiate a price slightly under the list price.

Commitment and hard work are key to your home buying success!

You may also be noticing that when you call to inquire about a home you saw online, it's already in escrow.  Are you hearing that a lot lately?  If you are tired of missing out on homes that you like you need to get the listings coming to you.  Most MLS service providers (via a Realtor) can automatically update you via email when homes within your criteria hit the market.  Don't be left out!  Request your home search to be set up today.  Visit www.SolanoMoves.com

There will never be a perfect time to buy (once the bottom hits it is easy to miss) & their may never be the perfect home in your price range, but if you can be open to compromise and continuing to search for homes even if you have lost a few that you like, you will find a great home for a great price and will have a fantastic interest rate to top it off in today's real estate market.  Now truly is a fantastic time to buy a home!