First-Time Home Buyers

First-Time Home Buyers Tips for First-Time Homebuyers
First-Time Home Buyers Why You Should Consider Condos as Part of Your Home Search Why You Should Consider Condos as Part of Your Home Search The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may […]
First-Time Home Buyers Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market If you’re considering buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over the […]
First-Time Home Buyers Three Things Buyers Can Do in Today’s Housing Market Three Things Buyers Can Do in Today’s Housing Market It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from […]
First-Time Home Buyers The U.S. Homeownership Rate Is Growing The U.S. Homeownership Rate Is Growing The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in […]
First-Time Home Buyers Buying a Home May Make More Financial Sense Than Renting One Buying a Home May Make More Financial Sense Than Renting One If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says: “The […]
First-Time Home Buyers Why Are People Moving Today? Why Are People Moving Today? Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. While mortgage rates are higher than […]
First-Time Home Buyers A Window of Opportunity for Homebuyers A Window of Opportunity for Homebuyers Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the […]
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First-Time Home Buyers Why Pre-Approval Is a Game Changer for Homebuyers If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from your lender is critical, and when it comes to […]
First-Time Home Buyers Should I Buy a Home Right Now? Should I Buy a Home Right Now? If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision. The Future of […]
First-Time Home Buyers What Does the Rest of the Year Hold for the Housing Market? What Does the Rest of the Year Hold for the Housing Market?   If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, you should always consider timing. So, what does the rest of the year hold for the housing market? Here’s what experts […]
Buying Myths Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC] Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC] Some Highlights If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from rising rents. Experts […]
First-Time Home Buyers How Homeownership Can Bring You Joy How Homeownership Can Bring You Joy If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place […]
First-Time Home Buyers Are There More Homes Coming to the Market? Are There More Homes Coming to the Market? According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed this […]
First-Time Home Buyers How Today’s Mortgage Rates Impact Your Home Purchase How Today’s Mortgage Rates Impact Your Home Purchase If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home […]
Buying Myths Three Tips for First-Time Homebuyers Three Tips for First-Time Homebuyers Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing market today, how much […]