5 Tips for Buying in a Tight Market
How To Buy in a Tight Market
Increase your chances of getting your dream house in a competitive housing market.
Get prequalified for a mortgage.
You’ll be able to make a firm commitment to buy and your offer will be more desirable to the seller.
Stay in close contact with your real estate agent.
Your agent will be on the lookout for the newest listings that meet your criteria. Be ready to see a house as soon as it goes on the market — if it’s a great home, it will go fast.
Scout out new listings yourself.
Browse sources such as realtor.com and local real estate listing sites. Set up alerts for the neighborhoods and characteristics you’re looking for. Drive through your target neighborhoods, and if you see a home you like for sale, send the address and listing agent’s name to your agent, who can schedule a showing for you.
In a Tight Housing Market,
Both Buyers and Sellers Are Getting Creative
We’ll get new numbers today for sales of existing homes, but for the past few months, sales have been down, per data from the National Association of Realtors. Between high-interest rates and low inventory, it’s still a very tight housing market. That means sellers and buyers who want in — or out — sometimes have to compromise and get creative.
Lisa Sturtevant is chief economist with Bright MLS. She’s seeing more and more buyers compromise on their dream home, like going in on a purchase with family.
“So going in and buying a home with mom and dad, so that multiple generations can live together and can pool their resources to afford the mortgage,” she said.
Ralene Nelson, REALTOR
SOLD – 328 Crystal Downs Dr, Rio Vista
This Yountville model home on the golf course has tons of upgrades. Some of the features are a tankless water heater, a solid roofing patio with an awning. Murphy bed in the office, still fence on the backyard. 2 bedrooms with office or den and 2 1/2 bath, huge pantry, large living and family room combo with fireplace. The kitchen has a granite counter with SS appliances, a large island, 2 door dishwasher, a double oven, microwave oven. The front door is top-to-bottom glass. 3 car garage with lots of storage. newer A/C. The home also features 10 ft. high ceilings. Crown molding throughout the home. READ MORE
FOR SALE – 500 Coronado Way, Rio Vista
2 bed/2 bath/2,048sqft
$529,500 – Don’t miss out on this stunning Burlingame model, located on a corner lot with minimal exposure to rear neighbors. The entrance has been upgraded with stamped/dyed concrete as well as, the 2 rear patios. This home has great curb appeal, & as you step inside, you can feel the warmth from the soft decorating neutral tones & plush carpet. The flex space provides you with additional room for entertaining, both for seating & dining and the gourmet kitchen equipped with stainless appliances for the chef includes an island for bar stools & sink. Extra counter space also provides as excellent spot for a buffet or displaying your treasures. This home has a nook for casual dining & space for a formal dining room table, as well as a den/study. The gas fireplace with w/upgraded mantle in the great room makes for a cozy room too. The primary suite is larger than most and accommodates a king bed with ample room around. Slider to private patio w/privacy screen provides a cozy spot for morning coffee/nightcap. The primary bath has double sinks, a walk-in shower & walk-in closet. The 2nd bedroom is located in front of the home, this provides privacy for both guests & homeowners. Move-in ready, just bring your treasures and join the fun in this Active Adult Community. 2 pools/spas, tennis courts, bocce ball, and billiards. READ MORE
FOR SALE – 718 Allender Way, Rio Vista
Events in Northern California this Weekend
Rio Vista Bass Derby & Festival
Oct 13, 3 PM – Oct 31, 5 PM
Rio Vista Bass Derby, 33 N 2nd St, Rio Vista, CA
Dixon’s12th Annual Brewski Fest
Sat, Oct 14, 4-8 PM
105 N 1st St, Dixon, CA
Come join our community event and check out beer crafters such as Lagunitas, Heretic, and Ruhstaller just to name a few!!Tickets are $30 in advance and $35 the day of event.
Pumpkin Patch Festival
Sat, Oct 14, 10 AM – 4 PM
Western Railway Museum, 5848 CA-12, Suisun City
Fun for the whole family. Take a 15-minute train ride from the Western Railway Museum to Gum Grove where a hay fort, tractor hay ride, pumpkin chucking, petting zoo, face painting, and more are awaited.
Hosted by the Rotary Clubs of Cordelia, Dixon, and Fairfield-Suisun, and the Western Railway Museum, the Pumpkin Patch Festival truly is fun for the entire family. Take a 15-minute train ride to and from the Western Railway Museum to Gum Grove. Enjoy the many attractions, including a 20-foot high hay fort, a tractor hay ride, pumpkin chucking to win a pumpkin, face painting, a petting zoo, a “kiddie” zip line, and more. Enjoy a tasty burger and chips and a soda! WEBSITE
Sat, Oct 14, 10:00 PM – Sun, Oct 15, 6:30 AM
3349 J St, Sacramento, CA
Sacramento’s best and biggest annual Oktoberfest celebration, this famous festival occurs every October and includes:
- Authentic German Beer on Tap, wine, and German food
- Outdoor Biergarten
- Live music from three different bands
- Kid-friendly activities
- German music and dancers
Every year, revelers come to the Turn Verein to eat, drink, and dance like a tried-and-true German. It’s like a piece of Munich, right in Sacramento! WEBSITE