Expert Insights for Today’s Homebuyers
While today’s housing market is competitive for buyers, it’s also a great window of opportunity. If you want to buy a home, here are a few things experts say you should know about what to expect and why homeownership is so important. “ . . . I don’t see any reason to hold off from purchasing a home right now . If you feel financially secure, you should start looking for a home. - Nadia Evangelou, Senior Economist, National Association of Realtors “ Active inventory grew for the first time since 2019 . . . . The switch to growth after nearly 3 years of decline is a step in the right direction, even though inventory continues to lag pre-pandemic normal. - Danielle Hale, Chief Economist, realtor.com “ The best thing to do is set your budget and expectations ahead of time so you know how much you can afford to offer . . . . This will make negotiations a lot easier. - The Mortgage Reports “ Owning a home continues to be a proven method for building long-term wealth . . . . Home values generally grow over time, so homeowners begin the wealth-building process as soon as they make a down payment and move to pay down their mortgage. - Lawrence Yun, Chief Economist, National Association of Realtors
6
Made with FlippingBook. PDF to flipbook with ease