Portugal Real Estate
Using The Housing Market To Your Advantage

By paying attention to current housing trends and keeping a watchful eye on the homes in your area, you will be able to make an offer on a home that will be accepted. While the market is continually changing, it is a useful tool for those who are on a budget, who want to find a home that is large enough to suit their needs, and will be worth more when it is time to sell it.

When watching the housing market, consider the following:

The number of homes that are in your area
The number of days the homes have been on the market
The price of a new home compared to those that are being sold by homeowners
The price of renting vs. buying
The number of homes that are in your price range
The highest price you can pay when buying a home
Interest rates in comparison to housing prices, and
The time of year

Springtime is a good time to buy a home for several reasons:

More people want to sell
It is easier to make appointments to view homes
Prices are usually lower
People are more willing to reduce their asking price
Income tax returns can help with a buyer’s budget

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