Home buying isn't a decision to be entered into lightly. But, if you've done your research, looked at your budget and decided that now is the time - don't miss out by waiting too long! The current housing market has limited inventory and rising prices. The faster you act the more house you'll get for your money.
According to the recent research from Realtor.com, low inventory and high demand have pushed housing prices up 10% from last May - with no signs of stopping.
Javier Vivas, manager of economic research at realtor.com says this is the "fastest-moving spring housing market in decades".
His research shows that homes are selling 5 days faster than this time last year and 2 days faster than last month.
So what does that mean for you?
If you've found a house you like and don't want to lose - act now. Contact the builder and begin the process of writing a contract and qualifying for a loan. Having a pre-qualification letter already in place from a lender will make your offer quickly rise to the top in a competitive market.