Corey Randl - Mortgage Loan Officer and Licensed Real Estate Broker. NMLS #500032
There’s an old English proverb by John Ray that perfectly sums up the current real estate market: “The early bird catches the worm.”
The current market for buying a home is very active and fast paced. It is a true seller’s market, which means there is very little supply of homes for sale and high buyer demand. Every buyer will be competing with several other buyers on the same home, often forcing a quick decision to write an offer to purchase. If a buyer waits too long or does not put in a high enough bid, they may get beat out by another ready-willing-and-able buyer.
Getting pre-approved by a local, experienced lender will be instrumental in having your offer accepted.