Prices Going UP -Â As the market continues to grow housing prices rise by 3.3% - More than 2019 -Real estate guru's forcast a steady 2.8% rise - It won't rise as fast as we have seen in years prior
A Good Thing for Sellers? - Sellers could see a nice profit after their home sells - However some sellers are pricing far out of their markets - Causing houses to be listed for more than they are worth - Beware of your competition - Price competitively - Work with your agent to establish the best price
Great for Sellers, What About Buyers? - Many first time buyers get in over their head in something they cannot afford
- A free mortgage calculator can help you figure out what your realistic budget is - Ideally you want to put 10% down - If you're committed to buy you should be willing to make some changes to your everyday life
Having the Savings - Stay focused and motivated on your goal - Save for a five year figure - Should be able to save a down payment within the next year
Making the Sacrifices - The house of your dreams may not be in your budget just yet - Make a list of must haves and nice to haves - Find a less expensive home and customize it - When you decide to sell in the future this will increas the property value
Thank You!
Bryan Ziegenfuse | bryanziegenfuse.com