Home And Garden Articles

Housing Market Woes Creates Opportunities for Savvy Home Buyers

Madison, WI (PRWEB) September 12, 2007 -- Home buyers are effectively controlling their home search and receiving accurate market prices from sellers by utilizing Madisonhousehunter.com's "Buyer Listing Service." Currently, buyers are in an extraordinary position to capitalize on the slowdown of the U.S housing market. According to Housing Predictor, "the best time to buy property in many of the nation's housing markets will be over the next 12 months." Savvy buyers in the Madison, WI market have taken their home search to a different level using the power of information over the Internet.

"Our approach in helping current and future buyers find the right home is a reflection of the trends in the housing market," says Neil Mathweg, Realtor® and owner of Madisonhousehunter.com. Buyers in the Madison metro housing market are using Madisonhousehunter's free Buyer Listing Service to receive home offers from local sellers. This ability to receive an offer from sellers is a valuable tool when house hunting. For instance, a buyer passively searching for a home will have a list of "offers" to reference when they are committed to buying.

So how does it work? "It's a real easy service to use. Buyers submit their home search criteria, we validate and post the buyer listing, sellers then search and contacts matching buyers on www.madisonhousehunter.com, and then traditional home search methods take over," says Neil and his team of Realtors®. "We also encourage sellers to post their information, as they too, will be a buyer once they sell their home." Having potential buyer's information on the Internet creates a healthy public atmosphere where buyers can meet sellers online - leading to accurate market driven home prices, reducing the buyer's search time, and decreasing pressure from Agents to buy.

With the current market ingredients as they are, more homes being foreclosed as a result of the sub prime lending mess, an overly healthy supply of home inventory, and current interest rates staying flat, buyers are finding it a ripe market for the picking. In today's market, the public's perception of the housing market has changed from a "seller's market" to what many people believe, a "buyer's market." In the creation of an open listing of local buyers, Madisonhousehunter.com has created a marketplace where sellers, in essence, can compete for a certain buyer, instead of vice-versa. Both buyers and sellers will benefit from this system. The seller can research the number of buyers in an area before listing their home, and buyers are continually receiving offers on homes that meet their search criteria.

"The idea of an "offer driven" website like our own is to encourage both buyers and sellers to find a common ground where they can work together to achieve their real estate goals," states Neil. "As an addition to traditional buying and selling methods, a database of buyers can efficiently match buyers with sellers giving both parties an excellent sense of what the true market is."

Neil Mathweg, fastest growing Century 21 Affiliated agent in company history, has been selected to be the Realtor® on HGTV's House Hunter reality television series and is currently casting for his buyer at this time.

Visit www.madisonhousehunter.com/hgtv.html for more information or call us at: (608) 837-7171.

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