Home prices are. Buyers searching for *Lake Worth Homes for sale* and *Boynton Beach Homes for sale* are experiencing sticker shock. They have a price in mind and can’t find anything they want. Prices have been rising and inventory is low. Low inventory means prices will continue to rise.
When they go out, they are looking for homes priced at $250,000 as an example. None of these have what they are looking for. Then they look at higher priced homes. Finally find one that suits there needs. But, it is $325,000.
As a Realtor, I am faced with a problem. They qualified for the $250,000 home. Now they are in a different ballpark. Before placing an offer, should we see if they are going to qualify? If not, they spend the time on this property, when we could be looking for others in their price range.
It’s our job to educate them as to the market conditions. Maybe with the proper knowledge, they will reconsider what they feel is necessary, and not go beyond their means.
Palm Beach Real Estate
When they go out, they are looking for homes priced at $250,000 as an example. None of these have what they are looking for. Then they look at higher priced homes. Finally find one that suits there needs. But, it is $325,000.
As a Realtor, I am faced with a problem. They qualified for the $250,000 home. Now they are in a different ballpark. Before placing an offer, should we see if they are going to qualify? If not, they spend the time on this property, when we could be looking for others in their price range.
It’s our job to educate them as to the market conditions. Maybe with the proper knowledge, they will reconsider what they feel is necessary, and not go beyond their means.
Blinklist.com
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