3 Tips for Homebuyers in this Competitive Market

April 2024 is no joke for homebuyers in Los Angeles. Inventory is only slightly up. Tons of fixers on the market that buyers are afraid to touch. Interest rates are back up over 7%.

BUT… none of this is new. There will never be a perfect time to buy, especially in high-demand areas. So buy when it is right for you aka monthly payment makes sense and the house fits your needs. Here are 3 tips to help:

1) stay the course - it is very common in today's market for a buyer to lose out on a few homes because of bidding wars. but remember every loss is a step toward your dream home.

2) be prepared to take on seller's problems - all homes have their quirks and issues. but most can be fixed. don't freak out when you see things called out on an inspection report. instead let me help you negotiate a credit to cover the cost of any major fixes.

3) hire a great agent - a lot of things can come up in a home purchase and having an experienced real estate professional to guide you through the hundreds of pages of reports and realities of construction and home ownership can lead you to make huge, life-changing, wealth-building decisions.