Now that Labor Day is behind us, it seems we’re officially gearing up for the fall. It’s a beautiful time of year on Lake Nacimiento with the changing leaves reflected on the lake and the bright blue skies. While the summer is one of the busiest times of the year on Lake Nacimiento for vacationers, the fall brings about a lively real estate market for buyers who would like to be settled in their home before the holiday season.
Recently, an article from CNN noted the improvement of the national housing market. The S&P/Case-Shiller national home price index, which covers more than 80% of the housing market in the United States, climbed 6.9% in the three months ended June 30 compared to the first three months of 2012. “We seem to be witnessing exactly what we needed for a sustained recovery; monthly increases coupled with improving annual rates of change,” said David Blitzer, a spokesman for S&P, in a statement. “The market may have finally turned around.”
If you are considering buying a home this fall; you’ll want to start now in order to get a head start on the competition. As a Lake Nacimiento Real Estate agent, I want to offer as much help as possible, so that you can be as successful as possible in buying an Oak Shores or Heritage Ranch home. Here are four key things you’ll want to do when going through the home buying process.
1. Do Look at Many Houses Before You Buy– Although you may fall in love with the first Lake Nacimiento home you tour, it’s wise to view other homes in the area. You never know if the home across the street is more in line with what you’re looking for in a home! It’s also good to see the comparables to ensure you’re not overpaying for the home. View at least three houses before making your decision and, if you still are in love with the first Lake Nacimiento home you saw, make an offer!
2. Do Research the Community– Not only do you want to find a Lake Nacimiento home that fits your needs and lifestyle, you’ll want to feel at home in either the Oak Shores or Heritage Ranch community as well! Decide what you would and wouldn’t like to see in the area in which you live, and make finding the right fit in a community a high priority as well. I’d love to discuss both the Oak Shores and Heritage Ranch communities with you!
3. Do Invest in a Professional Inspection– While you may be trying to cut down on costs; this is one you don’t want to skip! Sellers may not disclose everything about the home or they may have done a quick cover-up fix to a larger problem in the home. Have a professional check over every detail of the house could save you thousands of dollars in the long run. You’ll also feel very comfortable in making your final decision knowing the condition of the home.
4. Do Buy Based on Needs, Not Wants– On average, Americans live in a home for nine years, so when thinking long term; it’s best to decide on a Lake Nacimiento home based on your needs. Some of the items you may want now, such as choosing a gourmet kitchen over square footage, may not be what you need in five years if your family is going to grow. Make a list of your needs and be sure to follow it to be sure you don’t have buyer’s remorse down the road.
If you have further questions about the Lake Nacimiento Real Estate market, or are visiting the area soon and would like to tour some of the homes currently available in Oak Shores or Heritage Ranch; please contact me today!
I’d love to help you find your dream home on Lake Nacimiento!
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty
Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.
Please let us know how we can help!