Tips To Buying and Selling in 2016

 By: Leeanne Kunnert
At the first sign of spring both home buyers and sellers get anxious. This is the time of the year that many homeowners wait for to list their homes in search of something bigger and better. The season brings a flux of new home buyers looking for their first homes, buyers looking to upgrade and sellers anxious to sell in order to move on to the next phase of life. No matter where you are at or who you are in the equation one thing remains the same; spring is the perfect time to buy and sell real estate.

It is important to have the market on your side. 2016 is said to be a year filled with a new competition between buyers that hasn't been seen in recent years due to the relatively low housing inventory, slow increase in interest rates and home prices. People are ready to settle into a home at a reasonable price while taking advantage of the current lower interest rates. Economists have long predicted that the interest market on home loans would start to see hikes as the economy recovers. This article is filled with tips for both home buyers and home sellers so that they can understand what is important right now in the real estate market.

Top Buying Tips For 2016

Don't Delay: Many home buyers want to time their purchase to coincide with the spring or summer season. This is problematic because this is a theory many buyers use which leads to a high demand for homes within these seasons, which drives up competition and therefore the price sellers can ask. Start looking for a home immediately.

The home buying process is not something that occurs overnight. Rest assured that beginning your search today doesn't mean you will be moving right away. Meet with a local, professional real estate agent right away. They will access your wants and needs and be able to locate homes within a database that may interest you. Start the process by driving by the locations. Scope out the neighborhoods, schools and other areas of interest; if you happen to love the home look at it but again the time table is one in which you set.

Work With A Mortgage Specialist: A mortgage broker is a specialist who will look at your current financial situation and seek to find a mortgage lender and home loan option that is most advantageous. A mortgage specialist will help to find you the best type of loan and rate for you while examining just how much you can truly afford to take on. A pre-approval from a mortgage broker is also a huge bonus when it comes to having an offer accepted on a home. Sellers are looking for buyers that are committed and ready to buy.

Consider New Construction: 2016 has been deemed the year of that new construction begins to surge. The prediction is that the new construction market will grow sixteen percent this year alone. If you choose to buy a new home there is often less competition and a larger selection of homes to choose from. The con however is that new construction homes often start at a premium price tag.

Top Selling Tips For 2016

List Now: The prime season to buy a home is historically April through June. Now is the time to get your home ready to sell and listed on the market. A larger population of buyers is said to be seeking to buy homes during the spring and summer seasons. Take advantage of this. More buyers can often lead to bidding wars resulting in higher prices and quicker closings.

Be Reasonable: Don't try to oversell your home. This is an issue many real estate professionals face when listing a home for a seller whom deeply regards every cent of home improvement that has been put into a home.

It will not matter that you put in all new landscaping when you moved in five years ago other than the home looks better and is up kept. Some renovations will not offer a return on investment. Listen to the professionals when pricing your home to sell. Price your home to sell based on the market and comparable homes in the area. This will ensure it sells quickly and effortlessly.

Offer An Incentive: No matter what is being sold people love a deal. Offer an incentive to buyers. Be willing to negotiate in areas other than the homes price. For instance, if you live on the water and are moving inland consider throwing in the boat. If a buyer mentions that love your dinette set be willing to counter offer a higher priced offer but include the dinette set. This is often a win-win situation for buyers and sellers.
Artice Source:

Related Articles in Real Estate

People interested in the above article are also interested in the related articles listed below:

Since the late 2000’s, the hillside enclave of Mount Washington has become the most affluent neighborhood in North East Los Angeles (NELA). It is also known as the affordable Laurel Canyon of the East, featuring a high achieving elementary school located within its borders. This fashionable “offbeat” neighborhood in the San Rafael hills is also home of the Southwest Museum and the Self-Realization Fellowship Center.
The rapidly developing area of North East Los Angeles (NELA) lends new meaning to the name “Boomtown”. Following in the footsteps of Highland Park, their neighbor to the West, the picturesque communities of Hermon and Garvanza have been undergoing a major facelift since the nineties. That’s been good news for homeowners who have seen homes in Garvanza and Hermon spike in value as real estate in these areas become highly coveted.
Purchasing your first home comes with many trials and tribulations. In the first year after closing there are many valuable lessons to be learned. Here are some things to think about as you begin the process of going from renting to buying.

More in Real Estate

Excellent, Larry. Thank you for taking the new article directory technology and making it work to the max. I encourage everyone to keep contributing and contributing regularly. I can attest to the fact that this site is already a strong directory in a field of many. Kudos to Larry!

Matthew C. Keegan
The Article Writer


I find it a delight to use both as an author and a publisher. It is full of nice little surprises that make the whole process of writing, reading and publishing articles a complete delight. This is one that comes out tops and beats the rest hands down.

Eric Garner
Managing Director


I did a Google search and came across your site. It was exactly what I was looking for and was elated to find such a broad range of articles. As I am launching a free magazine in a small town in Florida, I wanted to be as resourceful as possible while still being able to provide some content that is interesting and well written. Your site has all the variables in the mix. Excellent Site hitting all the notes in the scale sort of speak.

Mo Montana
Florida, USA

Article Topics

Copyright © 2005 - by Larry Lim, Singapore - Article Search Engine Directory at™
All Rights Reserved Worldwide. All Trademarks and Servicemarks are the property of the respective owners.
ArabicBulgarianCatalanChinese (Simplified)Chinese (Traditional)CzechDanishDutchEnglishEstonianFinnishFrenchGermanGreekHaitian CreoleHebrewHindiHungarianIndonesianItalianJapaneseKoreanLatvianLithuanianNorwegianPersianPolishPortugueseRomanianRussianSlovakSlovenianSpanishSwedishThaiTurkishUkranianVietnamese