One consequence of the pandemic was the on-again/off-again nature of this year’s Houston real estate busy season. The restrictions resulted in what you’d expect: pent-up demand. The promise of loosening restrictions is widely expected to bolster the number of “For Sale” signs that we’ll soon be seeing—in any case, we should know before long.
For house hunters who will be looking to land their first starter home, most are prepared to be satisfied with a property that falls short of a “dream home” designation. That’s to be expected: since homeownership is by far the most important component for building family wealth, it’s encouraging to watch how the equity being built from a first home is fueling the progression into the next, superior one. Patience is a necessary ingredient—but being able to enjoy the process (even including the time spent living in a not-quite-dream home) doesn’t hurt, either.
A 2019 survey found that 63% of buyers were “very satisfied” with the result—yet if there is one common sentiment voiced by less-satisfied home buyers, it is that they wish they had done a more comprehensive job of house hunting. Those who are confident that their purchase was the best available within their budget range tend to be satisfied with the purchase. But if they have a sneaking suspicion that if only we hadn’t pulled the trigger so quickly…well—that’s the recipe for “disgruntled.”
If this topsy-turvy year has delayed your own house hunting venture, the signals are out that now is the time to consider taking one up in earnest. I hope you will call Rinnovare Realty, LLC at (832) 445-4957 to discuss how we are satisfying the safety measures (we’re 100% dedicated to observing them all) while connecting our clients with the kind of home they hope to find!