{"id":10023,"date":"2024-03-28T06:30:00","date_gmt":"2024-03-28T10:30:00","guid":{"rendered":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=10023"},"modified":"2024-03-28T06:30:00","modified_gmt":"2024-03-28T10:30:00","slug":"is-it-easier-to-find-a-home-to-buy-now","status":"publish","type":"post","link":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=10023","title":{"rendered":"Is It Easier To Find a Home To Buy Now?"},"content":{"rendered":"<div><img decoding=\"async\" width=\"358\" src=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2024\/03\/20240328-Is-It-Easier-To-Find-a-Home-To-Buy-Now.png\" alt=\"Is It Easier To Find a Home To Buy Now? Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\"><\/p>\n<p>One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But that\u2019s starting to change.<\/p>\n<p><strong>The graph below uses the latest data from <\/strong><a href=\"https:\/\/www.realtor.com\/research\/data\/\" rel=\"noopener noreferrer\" target=\"_blank\"><strong><em>Realtor.com<\/em><\/strong><\/a><strong> to show there are more homes on the market in 2024 than there have been in any of the past several years (2021-2023):<\/strong><\/p>\n<p><a href=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2024\/03\/20240328-Number-of-Homes-For-Sale.png\" rel=\"noopener noreferrer\" target=\"_blank\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img decoding=\"async\" src=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2024\/03\/20240328-Number-of-Homes-For-Sale.png\" alt=\"a graph of a number of homes for sale\"><\/a><\/p>\n<p><\/p>\n<h4><strong>Does That Mean Finding a Home Is Easier?<\/strong><\/h4>\n<p>The answer is yes, and no. As an article from <em>Realtor.com<\/em> <a href=\"https:\/\/www.realtor.com\/news\/trends\/2024-spring-housing-market-predictions-home-buyers-sellers\/\" rel=\"noopener noreferrer\" target=\"_blank\">says<\/a>:<\/p>\n<blockquote><p><em>\u201c<\/em><strong><em>There were nearly 15% more homes for sale in February than a year earlier<\/em><\/strong><em> . . . That alone could jolt the housing market a bit if more \u201cFor Sale\u201d signs continue to appear. <\/em><strong><em>However, the nation is still suffering from a housing shortage even with all of that new inventory.<\/em><\/strong><em>\u201d<\/em><\/p><\/blockquote>\n<p>Context is important. On the one hand, inventory is up over the past few years. That means you\u2019ll likely have more options to choose from as you search for your <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/13\/your-home-is-a-powerful-investment\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\" rel=\"noopener noreferrer\" target=\"_blank\">next home<\/a>.<\/p>\n<p>But, at the same time, the graph above also shows there are still significantly fewer homes for sale than there would usually be in a more normal, pre-pandemic market. And that deficit isn\u2019t going to be reversed overnight.<\/p>\n<h4><strong>What Does This Mean for You? <\/strong><\/h4>\n<p>You might find a few more choices now than in recent years, but you shouldn\u2019t expect a ton of options.<\/p>\n<p>To help you explore the growing list of choices you have now, team up with a local real estate agent you trust. They can really help you understand the inventory situation where you <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/11\/finding-your-perfect-home-in-a-fixer-upper\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\" rel=\"noopener noreferrer\" target=\"_blank\">want to buy<\/a>. That\u2019s because real estate is local. An experienced agent can share some <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/18\/4-tips-to-make-your-strongest-offer-on-a-home\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\" rel=\"noopener noreferrer\" target=\"_blank\">smart tips<\/a> they\u2019ve used to help other <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/01\/the-first-step-getting-pre-approved-for-a-mortgage-infographic\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\" rel=\"noopener noreferrer\" target=\"_blank\">buyers<\/a> in your area deal with ongoing low housing supply.<\/p>\n<h3>Bottom Line<\/h3>\n<p>If you\u2019re thinking about <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/04\/what-to-know-about-credit-scores-before-buying-a-home\/\" rel=\"noopener noreferrer\" target=\"_blank\">buying a home<\/a>, team up with a local <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/02\/28\/why-you-want-an-agents-advice-for-your-move\/\" rel=\"noopener noreferrer\" target=\"_blank\">real estate agent<\/a>. That way, you\u2019ll be <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/15\/the-latest-trends-in-housing-infographic\/\" rel=\"noopener noreferrer\" target=\"_blank\">up to date<\/a> on everything that could affect <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/02\/26\/the-truth-about-down-payments\/\" rel=\"noopener noreferrer\" target=\"_blank\">your move<\/a>, including how many homes are for sale right now.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" width=\"358\" src=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20240326\/20240328-Is-It-Easier-To-Find-a-Home-To-Buy-Now.png\" alt=\"Is It Easier To Find a Home To Buy Now? Simplifying The Market\" loading=\"lazy\" style=\"display: block;margin-bottom: 5px;clear: both;max-width: 100%\"><\/p>\n<p>One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale.<\/p>\n<\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","footnotes":""},"categories":[3,134,84],"tags":[],"class_list":["post-10023","post","type-post","status-publish","format-standard","hentry","category-blog","category-buying-myths","category-for-buyers"],"_links":{"self":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/10023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10023"}],"version-history":[{"count":0,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/10023\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}