Buyers
Charlotte Majzner, Realtor for Keller Williams Realty
“Statistics are showing that we are definitely approaching a shift in the real estate market. Some factors to look at are the number of home sales, home prices and the supply of homes. As sales are slowing in the step-up and luxury home arena mainly because of affordability issues, entry-level homes remain in a seller’s market.
“Here are some tips for buyers. First, find a reputable lender and get preapproved. Next, find a buyer’s agent that will help you with bidding strategies. After your agent has helped research the sales trends in the area or neighborhood, you will be ready to make your fair but competitive offer. With interest rates remaining at a record low, this is still an excellent time to buy.”