If you're frustrated with your home search, you're not alone. All we can say is hang in there so that you can be ready when an opportunity presents itself. This may be within a week, month or even 6 months down the line if you're holding out for that "ideal" property.
School is already in session and Sellers may be content to wait until the 2024 selling season, but forced sellers will always need to sell and that is why you're seeing a lot of "first time on the market in 50 years" popping up here and there. Turnkey, fully remodeled properties may be limited, but if you're open to put in some work, there are opportunities to be had. This however comes with the added stress and workload of managing the project, possibly paying double rent or mortgage and the almost guaranteed, delays.
We always advise that the Fall/Winter months are the months to purchase, but many are then concerned with what will happen with rates/prices/economy in the upcoming year, etc. Nobody can predict the future and those (Buyers, Sellers, Bank forecasts and others) that predicted rates would fall at the end of 2022 into 2023 along with a drop in prices (in highly desirable target areas) were unfortunately mistaken and now largely priced out. Focus on your own numbers, comfort level and plan for a longer ownership cycle if possible. Ultimately, give yourself some grace and set mental parameters. It's tough out there, but it doesn't mean it won't happen.
Happy home hunting and hopefully we'll have an opportunity to help save some of your well earned money.
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