Homebuyer shares how he secured home in competitive housing market

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Homebuyers aren't just dealing with limited inventory, they're also up against competitive offers and rising interest rates. But one family wasn't discouraged.

It’s no secret that finding a home in a hot housing market has presented plenty of challenges. Homebuyers aren't just dealing with limited inventory, they're also up against competitive offers and rising interest rates. But, one family pressed on.Ryan Rochford has been house hunting in Florida for his family of four. It's been a difficult search.

His family moved to the Jupiter area from Canada four years ago. They recently decided to buy a home in the midst of the fast-moving market. "It's an arch seller's market. Sellers have an extreme amount of power, an extreme amount of leverage to really call all the shots," Levy said."If it under appraises, the buyer has to make a decision," Levy said."They have to either increase their deposit or they have to increase their sale price."

 

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