With ongoing enthusiasm for the recovery of the real estate market, this weekend, April 20-21, 2013, the National Association of Realtors presents Nationwide Open House Weekend. The nation’s largest open house event offers a fabulous opportunity for home-buyers to find their dream home and home-sellers to showcase their property. There is certainly excitement in the air, with real estate agents from across the country hosting a greater number of homes for buyers to tour amid a market experiencing diminished inventory and soaring demand.
As we discovered in our recent post “Your Search is Worth the Effort” , home buyers must act quickly in today’s market, or risk their chosen property being snapped up by another buyer. According to the National Association of Realtors, in 2012 41% of home buyers started their property search on the internet.
Open houses are a fantastic way to extend that search beyond the web, and the NAR have also compiled some interesting statistics outlining the trends associated with open houses:
- 45% of buyers used an open house in their home search in 2012
- Buyers 65 years and older are more likely to find their home through an open house than other age groups
- Repeat buyers are more likely to find their home from an open house than first-time buyers
- Buyers in the South are more likely to find their home through an open house than buyers in any other region
- Buyers of new homes use open houses more frequently than buyers of previously owned homes
Open houses are also a great way to connect with real estate professionals, who offer their expert advice and guidance in the process of buying or selling a home. Michael Saunders & Company agents will be hosting a number of open houses this weekend throughout our region which you can check out here, but in the mean time here’s a small sneak preview!
Enjoying a choice waterfront position on Sarasota’s mainland, this San Remo Estates residence is outfitted for true resort-style living. With approximately 6,500 square feet, this custom built home features five bedrooms, five full baths and two half baths, and is situated on a deepwater yacht basin with spectacular Sarasota Bay/Intracoastal Waterway views. Offered at $4,195,000.
A gorgeous estate home in The Cape of Waterlefe, set on the 14th hole of the community’s golf course. This home enjoys wonderful views of the fairway, canal and Manatee River. Offered at $729,900.
Set amid picturesque landscaping in a sought after Lakewood Ranch location. An array of wonderful upgrades abound in this four bedroom, three bath home. Offered at $449,000.
This pristine condition two story Mediterranean style home has style and charm in a great “West of the Trail” South Creek gated community. Offered at $849,000.
Will you be visiting any open houses this weekend? Did you find your dream home at an open house? Let us know in the comments section!