On the heels of a 2016 Housing Forecast that predicts a healthy real estate market for the coming year, REALTOR.com®, a leading destination of online real estate services operated by News Corp subsidiary Move, Inc., this week debuted Top Tips for Home Buyers and Sellers in 2016.
These tips will guide everyone from house-hunting virgins to flipping fanatics through the market specifics for the next year, cutting through the clutter of real estate advice to highlight what is most important for buying or selling a home in 2016.
“The 2016 housing market is forecasted to be mainly a seller’s market, filled with increasing home prices, relatively low inventory and fierce competition between buyers,” says Jonathan Smoke, chief economist for realtor.com®. “Buyers looking to close this year need to keep an open mind and be prepared to move quickly when they find a home that meets their needs. For sellers, it’s about understanding the ins and outs of their local market so they can optimize the price of their home and close quickly.”
The top tips for 2016 home buyers include: