Buy a Home or Learn a Lesson
We are seeing more and more buyers miss out on their dream homes because they do not understand the current dynamics of our local market. In many areas and price ranges we have less than a month's supply of homes available which leads to mulitple offers and sometimes over asking price.
So the moral of the story is: If you find a home you want and it's in a very hot area or price range.. BUY IT... don't try to win the little emotional battle, it is NOT a buyer's market. Otherwise, you may lose the opportunity and then have to "settle" for something you really don't want.
You can always keep an eye on the latest inventory levels in different areas and price ranges by CLICKING THIS LINK