First Time Home Buyers | The Paradigm Realty Group

Why Rising Mortgage Rates Push Buyers off the Fence

$\"Why$ If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re […]

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Are There More Homes Coming to the Market?

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

$\"Are$ 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 […]

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How Today’s Mortgage Rates Impact Your Home Purchase

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing / Ajeenah Crittendon

$\"How$ 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 you purchase. So, when rates rise, […]

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2022 Housing Market Forecast [INFOGRAPHIC]

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

Some Highlights

What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead.
Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong year for home…

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Three Tips for First-Time Homebuyers

Buying Myths, Down Payments, First Time Home Buyers, For Buyers / Ajeenah Crittendon

$\"Three$ 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 you need to […]

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Things That Could Help You Win a Bidding War on a Home

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

$\"Things$ With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how […]

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The Dream of Homeownership Is Worth the Effort

First Time Home Buyers, For Buyers / Ajeenah Crittendon

$\"The$ If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerful […]

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How Homeownership Can Help Shield You from Inflation

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Pricing / Ajeenah Crittendon

$\"How$ If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to […]

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Is It Enough To Offer Asking Price in Today’s Housing Market?

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"Is$ If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and seller would […]

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How To Approach Rising Mortgage Rates as a Buyer

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers / Ajeenah Crittendon

$\"How$ In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that […]

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