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Two Ways Homebuyers Can Win in Today’s Market

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  Status is online Luciano Guerin Real Estate Agent with Berkshire Hathaway 32 articles Two Ways Homebuyers Can Win in Today’s Market If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a hot market. Act Early and Save The earlier you act this year, the more affordable your purchase will be. That’s because experts project  mortgage rates  will rise as we move deeper into 2022. According to  Freddie Mac , the average 30-year fixed-rate mortgage is expected to be 3.5% by year’s end. Experts forecast  home prices  will rise as well. That means the  longer you wait , the more it will cost you to buy a home. Instead,  act early  and purchase your home before rates and prices rise further. Not to mention, the sooner you buy, the sooner you can experience the...

Advice for First-Generation Homebuyers

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  First-Generation Homebuyers   First-Generation Homebuyers : The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ Barkley, Head of Neighborhood and Community Lending for Bank of America ,  says : “Achieving this goal can  create a sense of pride and accomplishment  that resonates both for the buyer and those closest to them, including their parents and future generations.” In other words, your dream of homeownership has far-reaching impacts. If you’re about to be the first person in your family to buy a home, let that motivate you throughout the  process . As you begin your journey , here are three helpful tips to make that dream come true. First-Generation Homebuyers : 1. Reach Out to a Real Estate Professional It’s important to reach out to a tru...