Buying a house in a competitive market can be challenging, even for buyers that have been through it before. Getting into a bidding war with another buyer means possibly pushing your budget, or worse, losing the house you set your sights on. But finding and buying a house in a competitive market is especially intimidating for a first-time buyer, who may already be a little overwhelmed by the process. The good news is that, though there are generally fewer homes available to buy across the country, not all markets are equally competitive. For example, a recent analysis of housing markets looked for those that have available homes, smaller down payments, and a strong home appreciation forecast – in other words, areas that would be favorable for first-time buyers. According to the rankings, cities like Tampa, Orlando, Houston, Atlanta, and Las Vegas have more opportunities to buy an affordable, entry-level home than in other markets where inventory is tighter and there is higher demand. In short, there are still opportunities for buyers, so it's a good idea to look into the dynamics of your desired neighborhood before talking yourself out of buying this year.
For buyers in Eastern, NC, the market is not as competitive as in other areas. This area has continued to build houses in many sizes and price ranges and this has given most people a way to get a home. There is also a good job market so that has put more money in peoples pocket and made it easier to get loans. To see some of the homes available go to: http://www.firstcarolina.com/listings/ or join social media at: https://www.facebook.com/fcrhavelock/?notif_t=page_admin. More here.
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