How Much Overlap Exists In Your Home Search Criteria

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How Much Overlap Exists In Your Home Search Criteria
By Scott Rogers • September 11, 2018 Filed In: buying
If you have three non-negotiable home search criteria, it is important to reflect on (or at least be aware of) how much overlap exists between these criteria. Above are two examples of this way of thinking about your home search.... The first set of buyers will likely have lots of options (large yellow overlap area) because many homes in the City have three bedrooms and are under $300K. The second set of buyers will likely have very few options (small yellow overlap area) because there are very few homes that somehow offer privacy AND amazing views and happen to have a formal dining room. These are fictitious illustrations -- they don't represent the actual amount of overlap that does or does not exist based on the criteria noted above -- but you should give some thought to how small of an overlap area you are creating for yourself based on what you are defining as non-negotiable in your home search. If that area is too small, you'll have very few options to consider, and eventually you may decide to flex a bit on a non-negotiable point. Receive updates from HarrisonburgHousingToday.com via e-mail: Enter your e-mail address: Recent Articles: First Three Short Term Rentals Approved in Harrisonburg City Home Buyers Have Fewer and Fewer Choices (at any given time) Local Home Sales Stable, Prices Rising in First Five Months of 2019 Crunching the Numbers on Both Selling AND Buying a House Is All Showing Feedback Really About Price? Summer Home Buyers Will Love These Low Mortgage Interest Rates March thru May Contracts Strong, Again, in 2019 Monthly Housing Costs Actually Decline, A Bit Be Careful of Asking For Little Repairs When Also Asking for Big Repairs Can Parents of JMU Students Buy Any House And Put Lots of Students In It?
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Jun 15, 2019 (unless otherwise noted).
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