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Still, if you re hoping to take advantage of historically low interest rates and settle into a home to call your own, it s not impossible you may just need to be especially savvy.
Insider spoke with five real estate agents based throughout the US about the homebuying process. They revealed their top tips for buyers, and the guidance they find themselves repeating to clients over and over again.
Be open-minded.
Sean Waeiss, a broker and the owner of Wise Property Group in Austin, told Insider that it s important not to have too many preferences set in stone going into the homebuying process.
Real estate agents nationwide say they re working nonstop to meet demand from homebuyers.
They describe a chaotic real estate market driven by low interest rates and a desire for more space.
Experts say the soaring demand isn t expected to subside in 2021.
For Silicon Valley realtor Mary Pope-Handy, the last few months have been frantic.
Pope-Handy, an agent with Northern California firm Sereno and a blogger who writes about Silicon Valley real estate, has been in the business for nearly three decades. Last spring, she said, the pandemic shut down showings and made buyers wary of signing contracts. Then, business returned with a vengeance.