Recent pending speed says waiting can work against you
If you are thinking about waiting a few days before deciding on a house in La Crosse, IN, I would be careful. One recent pending home moved in 2 days, so my rule is simple if the home fits, your decision process should already be ready.
Here is the constraint I plan around based on the previous 30 days buyers in La Crosse, IN are working in a market with 2 months of supply. Over the last 3 months, pending homes showed a typical contract pace of 13 days, and one moved in only 2 days.
Where people get this wrong is mistaking delay for caution. Real caution means preparing in advance so you can judge the home cleanly when it appears.
I recommend setting your budget ceiling before touring, deciding which flaws are acceptable, and knowing which features justify fast action for you. Prepared buyers can move quickly without acting recklessly.
Some metrics were not reported for this period, including a typical closed price for the full market and a complete asking-to-closing picture. So in La Crosse, IN, I would not assume extra negotiating room will appear with time. I would assume the best homes deserve a ready response.
