While
many of the European countries are still struggling with staggeringly high
unemployment rates and stagnant economy, the US economy is undergoing mild
recovery largely due to the correct monetary policy set by the Federal Reserve
System (FED). Along with the historically low interest rate, the housing market
is blooming surprisingly well. We have seen many of the priced right homes received
multiple offers and sold in less than 10 days. In this seller’s market, home
buyers need a totally different set of strategies from those used in a buyer’s market.
I will discuss in this article a series of strategies for serious home buyers
to use in a seller’s market without making unreasonable sacrifice.