Buyers who find a home they'd like to buy soon after they start their home search often pass on it because they feel they haven't seen enough listings. Months later, when they haven't found anything to compare to the first home they really liked, they can regret that they didn't seize a great opportunity when they had a chance. It takes a leap of faith and complete trust in your real estate agent to make a quick move in a market that's new to you. You'll feel more confident when you've done your homework and know the reasons why some listings sell for more than others. This is a process that takes time and is time well spent. A characteristic of the current home-sale market, particularly in or near areas where job growth has improved significantly, is that there are not a lot of good homes for sale. In these niche markets, there tend to be more buyers looking than there are homes to satisfy the demand. The housing market is bifurcated. Unlike the high-demand enclaves inspire...
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by Amber Taufen | Today 3:00 A.M.