First Time Home Buyers

Saving for a Down Payment? Here’s What You Should Know.

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers /

\"SavingAs you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could be more in reach than you originally thought. Here’s why. […]

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Two Questions Every Homebuyer Should Ask Themselves Right Now

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"TwoRising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in […]

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The Long-Term Benefit of Homeownership

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing /

\"TheToday’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought […]

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The Cost of Waiting for Mortgage Rates To Go Down

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers /

\"TheMortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, […]

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Why You Should Consider Condos as Part of Your Home Search

First Time Home Buyers, For Buyers, Housing Market Updates /

\"WhyThe 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 have opened up doors for you to restart your search. The […]

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Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers /

\"BuyersIf you’re thinking about 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 asking price to get your offer considered may be coming to a […]

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Three Things Buyers Can Do in Today’s Housing Market

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers /

\"ThreeIt’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 $1,265, an increase of 53.7%.” If you’re […]

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