Three Ways To Manage Your Home-Buying Anxiety
Posted by The Cobb Group on
A real estate transaction can be an emotional roller coaster, especially for first-time buyers. A home is not an everyday purchase—you’re buying your future, the
place where your kids will grow up and a lifetime of memories will be made. And a house has a much higher price tag than anything else you’ve ever bought. That alone can be scary. The money and emotions make up a big cocktail of stress. A study commissioned by homes.com shows that first-time buyers find the process overwhelming;
- 1 in 3 buyers cried during the process.
- 2 in 4 experienced anxiety.
- 44% of buyers felt nervous throughout the process.
- The average buyer had four arguments.
- 2 in 5 described buying their first home as “the most stressful event in modern life.”
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The market is tight as inventory is low, and there are many buyers circling to get into the game. Right now it's fair to say that we are knee deep a “Seller’s Market” in the South Carolina Lowcountry and that one needs to be very savvy in order to have their offer accepted.
When inventory is low and eager buyers are driving prices up, how can a seller best strategize for a successful home sale--and avoid pitfalls?