3 Reason for Buyers to Act Immediately

I came across a great article in the AJC recently. It explains why now is the time for buyers to act immediately. There is a link to the article below but I'll summarize it here for you.

Reason 1 - You want to buy a home when sellers are most motivated. Right now there is a surplus of homes and sellers are willing to negotiate. Unless its an unusual circumstance, I would expect the seller to pay closing costs and go the extra mile during the negotiation.

Reason 2 - You want to look for a home when you don't have much competition. If you are shopping for a home now, you are encountering sellers that likely haven't had much foot traffic through their homes. Between the cool weather and the short window of time before it gets dark after work, the buyer pool is generally smaller this time of year than in the spring and summer.

Reason 3 - Interest rates are at historic lows. Buying a home at the current interest rates, will save you money. If you wait, there is a greater chance that you will pay more money for the same home.

For more specifics, you can read the entire article here.