The path to homeownership can be a long one—particularly in 2018 when low inventory and high competition made it increasingly difficult for potential home buyers to successfully find and purchase homes. But according to recent data, it looks like 2019 is shaping up to be a little easier.
According to recent data from Redfin, in early 2019 the time it took the average homebuyer to move from their first home tour to closing on their new property was 73 days—three full days shorter than the same time in 2018 when it took 76 days (and down from a peak of 84 days in winter 2016). Homeowners are also having to tour fewer properties to find their home—an average of 10 in 2019 compared to 11 in 2019.
Hot areas are still very competitive so it is important for buyers have a prequalification letter from a lender to include it with their offer. SC Property Gals work tirelessly to not only find your dream home but get it under contract. Join other savvy SC buyers and call us today 888-SCSAVVY (727-2889).
The Takeaway
If you’ve been thinking about buying a new home, now is a great time to make a move. Ask us about our Buyer’s Bonus Program which allows you to build equity. 888-SCSAVVY (727-2889)
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