My Top 10 Concerns With Buying A House In 2021

Don’t Get Offended This Is My Damn List (No Particular Order)

Photo by NeONBRAND on Unsplash

1. Shortage of Inventory There aren’t a lot of homes on the market
2. It’s a sellers market. If you’re on the opposite end of buying and you’re thinking about selling your home you probably have a big smile on your face now. Depending on the area where you live, not only will your house probably sell very fast but you may even get a bigger offer than you imagined.
3. Houses are priced on the high end. Homes that are 1500 square ft and could be purchased in the $125K range 2 years ago are now selling for over $200K
4. Multiple Bids being submitted for homes. I have a family member is recently put her house on the market in the Atlanta area and got 40 offers for her home.
5. When the market goes down will people be stuck upside down in their homes?
6. Not being able to find a home in the location that I want
7. Competing with buyers who are willing to pay $10 to $20K over asking price
8. How much equity will be left in your home after purchasing?
9. How much bang will I get for my buck?
10. Should I wait and rent and wait for the market to change?

If you’re reading this post and have some of the same concerns that I have leave your concerns so I can review and take notes.