Thanks to an uptick in inventory over last year, you’ve got more options for your next home. But there are still fewer homes for sale than there’d normally be, meaning your house should stand out and get a lot of attention from buyers.
If you’re looking to buy a home in 2024, getting pre-approved is a key piece of the puzzle. Mortgage pre-approval means a lender checks your finances and decides how much you’re qualified to borrow.
As more buyers re-enter the market, it’ll help you make a strong offer that stands out from the crowd.
If you’re trying to buy a home but are having a hard time finding something in your budget, here’s something that can help: consider condos and townhomes.
They may better fit your budget, can help you start building equity, and tend to require minimal upkeep and less maintenance.
Looking at condos and townhomes can make it easier to find and buy a home. When you’re ready, connect with a local real estate agent.
Achieve Your Dream of Homeownership with Condos and Townhomes [INFOGRAPHIC] was last modified: February 16th, 2024 by Brenda Jones
If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.
Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years.
If you’re worried about falling home prices, don’t be. Many experts forecast they’ll keep rising for years to come. If you have questions, ask a local real estate agent.
Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC] was last modified: January 12th, 2024 by Brenda Jones