What to Know About Buying a Home in This Crazy Market

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The housing market is crazy. Prices are way up and inventory is way down. Consumer Reports explains how to navigate the tricky home-buying process.

There are also ways to sweeten your offer without actually raising it. Let the sellers stay in the home for a set time after closing—potentially free of charge—or let them keep a portion of the money in escrow if the deal falls through.If you see one you like but it isn’t for sale, ask your agent to contact the owner and make an offer. Hey, you never know.

And remember, it’s only a house. Be patient, and keep the transaction in perspective to keep yourself grounded. Some real estate agents recommend checking listings on Thursday evenings when they say brand-new ones are more likely to be posted.

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