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How Buyer Demand is Shaping the Housing Market
If you’ve been looking to buy a home for any length of time, you will no doubt be aware that bidding wars are common and buyer demand rather outstrips supply at the current time. This can make things very tricky, especially for first time buyers, and entails a difficult balancing act between making a competitive offer and not compromising on your own needs. It also ensures that strategy and timing are essential skills for the home buyer. Did you know, for example, that the average home in the U.S. is only on the market for around 17 days?
Yet the housing market is still undeniably strong, and this is especially so in a place like Salt Lake City, where there are homes for sale, many of which are perfectly possible to acquire without sacrificing all your conditions or putting forward an u...