Buying a home in today's housing market can truly be a challenge. Based on market conditions over the past two years you may want to consider picking up the pace a prices are starting to fall due to interest rates steadily increasing as the market is in a serious beginning stages and shifting in fall of 2022. I am including a few home buying tips to help you. The supply of homes are increasing everywhere, therefore there are more options to choose from and especially since bidding wars has nearly ceased. You need to have money saved and credit in tact. This is the season to seriously hire the right realtor, click here to learn more /HOW-DO-I-HIRE-THE-RIGHT-REALTOR---32819---32836---Dr-Phillips-6-16972.html
Mortgage rates has increased 2022 in June and July, looking for a spike again in September. This can make it challenging to purchase the home that fits your style and flows for the family. Rumor's has started to fly that by the end of 2022 mortgage rates can topple to 8-9% to tame inflation. However you need to be prepared if you are looking into buying a home. As you study the chart you will understand more about buyer's purchase power. Even small percentage changes can affect your monthly payment that will not have you qualify for the home of your dreams. However as we move into the next topic, this will give you the opportunity to open more doors.
Explore options and be open to broaden options for your search areas of locations. The more homes will come into play for decision making. Perhaps you may revisit a home that you have already seen without looking at areas of home with an open think out the box mentality. As a trusted advisor and professional realtor of over 18 years, my job is to help you see past cosmetics or moving walls in home to open up space. By taking a leap into homeownership, this can provide a sense of privacy and take pride in your home purchase while boosting your long term financial outlook. Serving Dr Phillips and all Central Florida. If you are interested in one of my free e-books on navigating the buying process click link https://kevinstrawter.book.live/buyer-book Stay connected and contact me today at 850 496-6412.