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<h3>What Experts Project for Home Prices Over the Next 5 Years</h3> <img src="https://files.keepingcurrentmatters.com/content/images/20230911/20230912-What-Experts-Project-for-Home-Prices-Over-The-Next-5-Years.png" width="600" data-mce-src="https://files.keepingcurrentmatters.com/content/images/20230911/20230912-What-Experts-Project-for-Home-Prices-Over-The-Next-5-Years.png"> If you're planning to <a href="https://www.simplifyingthemarket.com/en/2023/09/07/get-ready-for-smaller-more-affordable-homes/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/09/07/get-ready-for-smaller-more-affordable-homes/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">buy a home</a>, one thing to consider is what experts project <a href="https://www.simplifyingthemarket.com/en/2023/08/11/home-prices-are-back-on-the-rise-infographic/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/08/11/home-prices-are-back-on-the-rise-infographic/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">home prices</a> will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better than <a href="https://www.simplifyingthemarket.com/en/2023/09/05/expert-home-price-forecasts-revised-up-for-2023/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/09/05/expert-home-price-forecasts-revised-up-for-2023/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">expected</a> and are rising across the country. And data shows, experts forecast home prices will keep appreciating.<h4>Experts Project Ongoing Appreciation</h4>Pulsenomics&nbsp;polled over 100 economists, investment strategists, and housing market analysts in the latest quarterly&nbsp;<a href="https://pulsenomics.com/surveys/#home-price-expectations" target="_blank" rel="noopener noreferrer" data-mce-href="https://pulsenomics.com/surveys/#home-price-expectations">Home Price Expectation Survey</a>&nbsp;(HPES). The results show what the panelists project will happen with home prices over the next five years. Here are those expert forecasts saying home prices will go up every year through 2027 (see graph below):<a href="https://www.simplifyingthemarket.com/en/content/images/20230911/20230912-Estimated-Home-Price-Performance.png?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/content/images/20230911/20230912-Estimated-Home-Price-Performance.png?a=508912-439a23e1ad0b26e14e9d26c25e07760f"><img src="https://files.keepingcurrentmatters.com/content/images/20230911/20230912-Estimated-Home-Price-Performance.png" data-mce-src="https://files.keepingcurrentmatters.com/content/images/20230911/20230912-Estimated-Home-Price-Performance.png"></a>If you’re someone who was worried home prices would fall because of stories you’ve read online, here's the big takeaway. Even though home prices vary by local market, experts project prices will continue to rise across the country for years to come. And these numbers indicate the return to more normal <a href="https://www.simplifyingthemarket.com/en/2023/07/25/dont-fall-for-the-next-shocking-headlines-about-home-prices/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/07/25/dont-fall-for-the-next-shocking-headlines-about-home-prices/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">home price appreciation</a>.And while the projected increase in 2024 isn’t as large as 2023, it’s important to recognize home price appreciation is cumulative. In other words, if these experts are correct, after your home’s value rises by 3.32% this year, it’ll appreciate by another 2.17% next year. This is a good example of why owning a home is a choice that wins big over time.<h4>What Does This Mean for You?</h4>Once you buy a home, price appreciation raises your home’s value, and that grows your <a href="https://www.simplifyingthemarket.com/en/2023/09/01/homeowners-have-a-lot-of-equity-right-now-infographic/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/09/01/homeowners-have-a-lot-of-equity-right-now-infographic/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">household wealth</a>. To see how a typical home's value could change in the next few years using the expert projections from the HPES, check out the graph below:<a href="https://www.simplifyingthemarket.com/en/content/images/20230911/20230912-Potential-Growth-In-Household-Wealth.png?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/content/images/20230911/20230912-Potential-Growth-In-Household-Wealth.png?a=508912-439a23e1ad0b26e14e9d26c25e07760f"><img src="https://files.keepingcurrentmatters.com/content/images/20230911/20230912-Potential-Growth-In-Household-Wealth.png" data-mce-src="https://files.keepingcurrentmatters.com/content/images/20230911/20230912-Potential-Growth-In-Household-Wealth.png"></a>In this example, let’s say you bought a $400,000 home at the beginning of this year. If you factor in the forecast from the HPES, you could potentially accumulate more than $71,000 in household wealth over the next five years.So, if you're thinking about whether buying a home is a good choice, remember how it can be a powerful way to grow your <a href="https://www.simplifyingthemarket.com/en/2023/08/15/equity-is-a-game-changer-for-homeowners-looking-to-sell/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/08/15/equity-is-a-game-changer-for-homeowners-looking-to-sell/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">wealth</a> in the long run.&nbsp;<h3>Bottom Line</h3>According to the experts, home prices are expected to grow over the next five years at a more normal pace. If you’re ready to become a homeowner, know that buying today can set you up for long-term success as home values (and your own net worth) grow. Let’s connect to start the homebuying process today.

Will Home Prices Come Down?

row of house with red one standing out real estate service concept

<h3>Why isn't my house selling?</h3> <img src="https://files.keepingcurrentmatters.com/content/images/20230927/20230928-Why-your-house-didn-t-sell.png" width="600" data-mce-src="https://files.keepingcurrentmatters.com/content/images/20230927/20230928-Why-your-house-didn-t-sell.png"> If your listing expired and your house didn’t <a href="https://www.simplifyingthemarket.com/en/2023/09/04/why-its-still-a-sellers-market-today/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/09/04/why-its-still-a-sellers-market-today/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">sell</a>, you’re likely feeling a pretty frustrated. Not to mention, you're also probably wondering what went wrong. Here are three questions to think about as you figure out what to do next.<h4>Did You Limit Access to Your House?</h4>One of the biggest mistakes you can make when <a href="https://www.simplifyingthemarket.com/en/2023/08/29/why-you-may-still-want-to-sell-your-house-after-all/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/08/29/why-you-may-still-want-to-sell-your-house-after-all/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">selling your house</a> is restricting the days and times when <a href="https://www.simplifyingthemarket.com/en/2023/08/30/buyer-traffic-is-still-stronger-than-the-norm/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/08/30/buyer-traffic-is-still-stronger-than-the-norm/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">potential buyers</a> can tour it. Being flexible with your schedule is important when you're selling your house, even though it might feel a bit stressful to drop everything and leave when buyers want to see it. After all, minimal access means minimal exposure to buyers. ShowingTime <a href="https://www.showingtime.com/blog/6-reasons-your-house-isnt-getting-showings-and-how-to-fix-it/" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.showingtime.com/blog/6-reasons-your-house-isnt-getting-showings-and-how-to-fix-it/">advises</a>:<blockquote>“. . . do your best to be as flexible as possible when granting access to your house for showings.”</blockquote>Sometimes, the most determined <a href="https://www.simplifyingthemarket.com/en/2023/09/20/remote-work-is-changing-how-some-buyers-search-for-their-dream-homes/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/09/20/remote-work-is-changing-how-some-buyers-search-for-their-dream-homes/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">buyers</a> might come from far away. Since they're traveling to see your house, they may not be able to change their plans easily if you only offer limited times for showings. So, try to make your house available as much as you can to accommodate them. It’s simple. If no one’s able to look at it, how’s it going to sell?<h4>Did You Make Your House Stand Out?</h4>When <a href="https://www.simplifyingthemarket.com/en/2023/08/15/equity-is-a-game-changer-for-homeowners-looking-to-sell/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/08/15/equity-is-a-game-changer-for-homeowners-looking-to-sell/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">selling your house</a>, the old saying matters: you never get a second chance to make a first impression. Putting in the work to make the exterior of your home look nice is just as important as how you stage it inside. Freshen up your landscaping to improve your home’s curb appeal so you can make an impact upfront. As an article from U.S. News <a href="https://realestate.usnews.com/real-estate/articles/how-to-sell-your-home-while-living-in-it" target="_blank" rel="noopener noreferrer" data-mce-href="https://realestate.usnews.com/real-estate/articles/how-to-sell-your-home-while-living-in-it">says</a>:<blockquote>“After all, if people drive by, but aren’t interested enough to walk through the front door, you’ll never sell your house.”</blockquote>But don’t let that impact stop at the front door. By removing personal items and reducing clutter inside, you give buyers more freedom to picture themselves in the home. Additionally, a new coat of paint or cleaning the floors can go a long way to freshening up a room.<h4>Did You Price Your House Compellingly?</h4>Setting the <a href="https://www.simplifyingthemarket.com/en/2023/07/31/pricing-your-house-right-still-matters-today/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/07/31/pricing-your-house-right-still-matters-today/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">right price</a> is extremely important when you're selling your house. Even though it might feel tempting to push the price higher to maximize your profit, overpricing can scare away buyers and make it hard to sell quickly. Business Insider <a href="https://www.businessinsider.com/mistakes-people-make-trying-to-sell-home-real-estate-agents-tips-2019-5" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.businessinsider.com/mistakes-people-make-trying-to-sell-home-real-estate-agents-tips-2019-5">notes</a>:<blockquote>“. . . the biggest mistake sellers make is overpricing their home.”</blockquote>If your house is priced higher than others like it, it could make buyers lose interest. Pay attention to the feedback people give your agent during open houses and showings. If lots of people are saying the same thing, it might be a good idea to think about lowering the price.For all these insights and more, rely on a trusted real estate agent. A great agent will offer expert advice on relisting your house with effective strategies to get it <a href="https://www.simplifyingthemarket.com/en/2023/08/24/more-jobs-and-better-pay-leads-to-more-buyer-demand/?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/2023/08/24/more-jobs-and-better-pay-leads-to-more-buyer-demand/?a=508912-439a23e1ad0b26e14e9d26c25e07760f">sold</a>.<h4>Are you nose blind?</h4>Do you have fur babies that may be leaving a pet scent behind? Is there a bit of a musty smell coming from the basement? I usually have to ask a friend if they can smell a dog scent in my home. We become so accustom to the smells around us that we no longer notice. Buyers notice. Ask a friend or better yet, ask your agent if they notice a ny unpleasant smells that may be a problem.&nbsp; <h3>Bottom Line</h3>It’s natural to feel disappointed when your listing has expired and your house didn’t <a href="https://www.mykcm.com/2023/08/29/why-you-may-still-want-to-sell-your-house-after-all/" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.mykcm.com/2023/08/29/why-you-may-still-want-to-sell-your-house-after-all/">sell</a>. Let’s connect to figure out what happened and what to reconsider or change if you want to get your house back on the market.

Why Your House Didn’t Sell

Wood house model and row of coin money on wood table with light blue background, Real Estate market, Trading Estate, Mortgage Concepts

<h2>What is a low housing supply?</h2>When you hear there is a low housing supply or someone say "There's only 1 month of housing inventory" what does that mean?It means if no new homes were listed for sale and homes that are already listed continued to sell at the current pace, all the homes would be sold in 1 month.&nbsp;The housing supply refers to how many homes are for sale versus how fast they are selling. So, when we say the inventory is low, that means there are fewer homes for buyers to choose from.&nbsp;<h3>Explaining Today’s Low Housing Supply&nbsp;</h3> <img src="https://files.keepingcurrentmatters.com/content/images/20230928/Explaining-Todays-Low-Housing-Supply-KCM-Share.png" width="600" data-mce-src="https://files.keepingcurrentmatters.com/content/images/20230928/Explaining-Todays-Low-Housing-Supply-KCM-Share.png"> <a href="https://www.simplifyingthemarket.com/en/content/images/20230928/Explaining-Todays-Low-Housing-Supply-MEM.png?a=508912-439a23e1ad0b26e14e9d26c25e07760f" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.simplifyingthemarket.com/en/content/images/20230928/Explaining-Todays-Low-Housing-Supply-MEM.png?a=508912-439a23e1ad0b26e14e9d26c25e07760f"><img src="https://files.keepingcurrentmatters.com/content/images/20230928/Explaining-Todays-Low-Housing-Supply-MEM.png" data-mce-src="https://files.keepingcurrentmatters.com/content/images/20230928/Explaining-Todays-Low-Housing-Supply-MEM.png"></a><h3>Some Highlights</h3><ul><li>Wondering why the supply of <a href="https://www.mykcm.com/2023/09/14/why-is-housing-inventory-so-low/" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.mykcm.com/2023/09/14/why-is-housing-inventory-so-low/">homes for sale</a> is limited <a href="https://www.mykcm.com/2023/09/07/get-ready-for-smaller-more-affordable-homes/" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.mykcm.com/2023/09/07/get-ready-for-smaller-more-affordable-homes/">today</a>? There are a few factors at play.</li><li>Lack of <a href="http://www.census.gov/construction/nrc/xls/co_cust.xls" target="_blank" rel="noopener noreferrer" data-mce-href="http://www.census.gov/construction/nrc/xls/co_cust.xls">building</a> over time, the <a href="https://www.mykcm.com/2023/09/06/mortgage-rates-past-present-and-possible-future/" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.mykcm.com/2023/09/06/mortgage-rates-past-present-and-possible-future/">mortgage rate</a> lock-in <a href="https://www.fhfa.gov/DataTools/Downloads/Pages/National-Mortgage-Database-Aggregate-Data.aspx" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.fhfa.gov/DataTools/Downloads/Pages/National-Mortgage-Database-Aggregate-Data.aspx">effect</a>, and people <a href="https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers">staying</a> in their houses longer are three of the main reasons why supply is low.</li><li>But real estate agents know exactly <a href="https://www.mykcm.com/2023/09/20/remote-work-is-changing-how-some-buyers-search-for-their-dream-homes/" target="_blank" rel="noopener noreferrer" data-mce-href="https://www.mykcm.com/2023/09/20/remote-work-is-changing-how-some-buyers-search-for-their-dream-homes/">where to look</a> and what to do to make your dream a reality. Let’s connect so you have an expert on your side to help you successfully navigate the market and find your next home.&nbsp;</li></ul><figure id="figure-dqfvszgr1mln6pssto"><img id="dqfvszgr1mln6pssto" src="https://cdn.durable.co/blocks/1fOykOm3jhNErDMQjfdgQS5Wt9wSn9eehwHzMPTWZgdmHMAtVyT2QZS89tu010fi.png" alt="Contact information for Nicky Elliott" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: 15% center;" data-corners="default" data-aspect="16:9" data-caption="Contact Me " data-positionx="15%" data-positiony="undefined" data-mce-src="https://cdn.durable.co/blocks/1fOykOm3jhNErDMQjfdgQS5Wt9wSn9eehwHzMPTWZgdmHMAtVyT2QZS89tu010fi.png" data-mce-style="aspect-ratio: 16/9; object-position: 15% center;"><figcaption class="body-normal text-gray-500 mt-2">Contact Me</figcaption></figure>

Why are there so few homes for sale?

toy wooden house and small toy shopping cart on table. Internet shopping concept.

<h2>When is the Best Time to Buy a Home?</h2><figure id="figure-sz77egl0d9ln6jrk5u"><img id="sz77egl0d9ln6jrk5u" src="https://cdn.durable.co/shutterstock/29uXUPN8DSZQOTQwZUsIPSrVEOT5V4GPIT9EDUWprdfsD8lipZJcQbNvQD9mbVw0.jpeg" alt="New house keys with a calendar." class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="When is the best time to buy a home?" data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/shutterstock/29uXUPN8DSZQOTQwZUsIPSrVEOT5V4GPIT9EDUWprdfsD8lipZJcQbNvQD9mbVw0.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">When is the best time to buy a home?</figcaption></figure>Buying a home is a big deal, and doing it at the right time can make the whole thing a lot easier and cooler. But when is the right time? Let’s break it down.<h3>Why Timing Matters</h3>The housing market is like a roller coaster, sometimes up, sometimes down. When you buy can affect how much you pay and how many houses you have to choose from.Being Ready PersonallyThe best time to buy a home? **When you are ready**. That means you’ve got the money, you’re in the right headspace, and you’re ready for this big step.<figure id="figure-zjmjf45bcln6jto7a"><img id="zjmjf45bcln6jto7a" src="https://cdn.durable.co/shutterstock/38P5uOxC4f56QZaE7Cu2esYTnr5ld8K2PYx0UwaUklFdIKD9vQwL5hQx0L4q2E0M.jpeg" alt="A piggy bank for home savings" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="Saving to buy a house" data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/shutterstock/38P5uOxC4f56QZaE7Cu2esYTnr5ld8K2PYx0UwaUklFdIKD9vQwL5hQx0L4q2E0M.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">Saving to buy a house</figcaption></figure> <h3>Money Matters</h3>Before you even think about buying a house, you gotta check your money situation.Checking Your Money HealthDo you have enough savings? How’s your credit score looking? It’s like getting a report card but for your money. We have tools that can help get you on track.&nbsp;Getting a Mortgage Pre-approvalGetting pre-approved for a mortgage is like getting a VIP pass to a concert. It shows sellers you’re serious and you know what you can spend. Sellers expect a pre-approval with an offer.<figure id="figure-w20qisxekln6jwq1f"><img id="w20qisxekln6jwq1f" src="https://cdn.durable.co/shutterstock/f7IhCGtSglhvv80J4NPiF4XKHnFjdPOJVv3uNAR8vd2j9Gytcsl3WvYx2Kvs9ZRV.jpeg" alt="Financial graph for housing" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="What's up with the housing market?" data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/shutterstock/f7IhCGtSglhvv80J4NPiF4XKHnFjdPOJVv3uNAR8vd2j9Gytcsl3WvYx2Kvs9ZRV.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">What's up with the housing market?</figcaption></figure> <h3>What's Up with the Market?</h3>The housing market changes all the time, thanks to a bunch of boring adult stuff like the economy. Since buying a house is the ultimate in adulting, we can work with you to learn more about the market.&nbsp;Real Estate Market Ups and DownsSometimes it’s a buyer’s market (yay for you), and sometimes it’s a seller’s market (not so yay). Knowing the difference can help you choose when to buy.Interest Rates and Why They MatterInterest rates are like the temperature, when they’re low, buying a house is more chill because your mortgage payments will be lower. The bad side is then everyone else wants a low payment too and the house of your dreams may go to another buyer.&nbsp;When the rates are higher you can get the house you want for a better price, suck up that payment for a bit and when rates drop you can lower the price by refinancing. This is big time adulting!<figure id="figure-nr5t08ssuln6k0b6e"><img id="nr5t08ssuln6k0b6e" src="https://cdn.durable.co/shutterstock/1e6uKOfajwcG939SFv1EAYcI2VkvsZAquboJ7wdPvLnTOdbMwDbAnunvNmNVlOqJ.jpeg" alt="A house buried in snow. " class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="There are seasons to the real estate market" data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/shutterstock/1e6uKOfajwcG939SFv1EAYcI2VkvsZAquboJ7wdPvLnTOdbMwDbAnunvNmNVlOqJ.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">There are seasons to the real estate market</figcaption></figure> <h3>Seasonal Shopping</h3>Believe it or not, there are seasons for buying houses too!Busy and Slow SeasonsSpring and summer are like the blockbuster seasons, while fall and winter are the chill, indie seasons. Each has its perks. Although every area is a bit different. For example in Washington, fall can often be a better time for a buyer than summer.&nbsp; <figure id="figure-png6sxhn9eln6k8h5q"><img id="png6sxhn9eln6k8h5q" src="https://cdn.durable.co/shutterstock/dHTrI9QbYsO06qpj7HkgcmFlFJmdXRxdZPj8kdXifZbK1hVXsZiltxdQwwxGBG78.jpeg" alt="drone image above a neighborhood." class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="Where you buy a home matters." data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/shutterstock/dHTrI9QbYsO06qpj7HkgcmFlFJmdXRxdZPj8kdXifZbK1hVXsZiltxdQwwxGBG78.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">Where you buy a home matters.</figcaption></figure><h3>Location, Location, Location</h3>Every place has its own vibe and its own housing market scene. Let's dive into that.Different Places, Different SituationsSome cities are super expensive (looking at you, New York), while others are more on the affordable side. Also, some places have a lot of houses for sale, and others, not so much. It's all about checking out the scene in the area you're eyeing. In Washington, the closer to a big city, the more expensive it can be.&nbsp; <figure id="figure-x3l3ppc0zyln6kapo5"><img id="x3l3ppc0zyln6kapo5" src="https://cdn.durable.co/shutterstock/dULyi0x1TiT48RMhO8B6GxPbg3tZZ6Te56bl0TrmL790zydgmccfVB9eDAWyeVAK.jpeg" alt="A wedding sign" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="Life can change and so can your needs." data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/shutterstock/dULyi0x1TiT48RMhO8B6GxPbg3tZZ6Te56bl0TrmL790zydgmccfVB9eDAWyeVAK.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">Life can change and so can your needs.</figcaption></figure><h3>Life Stuff</h3>Life throws curveballs, and sometimes those curveballs decide when you're moving into a new place.Family and Moving AroundMaybe your family is growing, or you got a new job in a different city. These life changes can kinda push the "It's time to buy a house" button. <figure id="figure-3u0616ilqhln6kgqty"><img id="3u0616ilqhln6kgqty" src="https://cdn.durable.co/shutterstock/6AWTWkJxGCxCw0JoqlkFAIdCHIGvawuqLC5mlO35y2VzU1438hkoUMv7xxKoONYp.jpeg" alt="A house, keys, cash, loan stamp and calculator" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="Now you're ready to buy a house" data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/shutterstock/6AWTWkJxGCxCw0JoqlkFAIdCHIGvawuqLC5mlO35y2VzU1438hkoUMv7xxKoONYp.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">Now you're ready to buy a house</figcaption></figure><h3>Getting Ready to Jump In</h3>Alright, so you've checked your money, scoped out the market, and life is pointing towards "Go." What’s next?Finding Your SquadBuying a house is a team sport. You'll need people in your corner coaching you through it like a real estate agent, and a mortgage broker.Hunting for Your New PadNow comes the fun part - house hunting! It's like a shopping spree but for where you're going to live. Make a list of what you want, check out different places, and take your time deciding. <figure id="figure-o5ifc35h4rln6kjx8l"><img id="o5ifc35h4rln6kjx8l" src="https://cdn.durable.co/shutterstock/30BVWjFctOSizMhUTSeQTVaBwW4oCk1X7sYxxYCH76EeH1hLUgOCns6YDGG0YAyg.jpeg" alt="Call me sign" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="Let's get started. Call me!" data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/shutterstock/30BVWjFctOSizMhUTSeQTVaBwW4oCk1X7sYxxYCH76EeH1hLUgOCns6YDGG0YAyg.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">Let's get started. Call me!</figcaption></figure> <h3>Wrapping It Up</h3>So, there you have it. Buying a house is a big game with lots of players and moving parts. But with the right timing and the right squad, you can score your dream pad.<figure id="figure-70l93ofo7yln6km8ht"><img id="70l93ofo7yln6km8ht" src="https://cdn.durable.co/shutterstock/3akubkqZjZoKxdG0ipLs5FVYp8H1i6Qz4sbihZ5iCTjAOYQhXBU0HPj3AILmklXq.jpeg" alt="A house asking a question" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="Questions about Red Estate?? " data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/shutterstock/3akubkqZjZoKxdG0ipLs5FVYp8H1i6Qz4sbihZ5iCTjAOYQhXBU0HPj3AILmklXq.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"><figcaption class="body-normal text-gray-500 mt-2">Questions about Red Estate??</figcaption></figure> <h3>Questions You Might Have</h3>1. Why do interest rates matter when buying a house? &nbsp; &nbsp;- Lower interest rates mean lower monthly payments. It’s like a sale on the price of borrowing money! It also means you could be competing for a house. Sometimes it better to get your dream home when rates are higher and prices lower then refinance into a lower rate when interest comes down. Think of all the equity you'll gain!2. What’s a buyer’s market? &nbsp; &nbsp;- It’s when there are more houses for sale than people buying. You have more choices and can maybe get a better deal.3. How do I know if I’m financially ready to buy a house? &nbsp; &nbsp;- Check your savings, your income, and your credit score. It’s like seeing if you have enough juice to power your home-buying adventure. Call me. You may need less than you think.&nbsp;4. Why do I need a real estate agent? &nbsp; &nbsp;- They’re like your tour guide in the wild world of buying a house. They know the ropes and can help you find that perfect spot.5. What’s the deal with different seasons for buying a house? &nbsp; &nbsp;- More houses are usually for sale in spring and summer, but you might find better deals in the fall and winter when things are quieter.---<figure id="figure-apxg9s32kfln6krzhr"><img id="apxg9s32kfln6krzhr" src="https://cdn.durable.co/shutterstock/60LzdDH0RZWMjaEcpJuyfL8CwrIdTGHdaGBlu4LusL4nd5yCQgALsWkOdme9xO77.jpeg" alt="Life begins at the end of your comfort zone" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="You know how to buy a house. Take action. " data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/shutterstock/60LzdDH0RZWMjaEcpJuyfL8CwrIdTGHdaGBlu4LusL4nd5yCQgALsWkOdme9xO77.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"><figcaption class="body-normal text-gray-500 mt-2">You know how to buy a house. Take action.</figcaption></figure> This wraps up our simplified guide on when to take the plunge into homeownership. Whether it's understanding the market or getting your squad together for house hunting, each step is a stride towards snagging your own cool space.<figure id="figure-k8rho4y9ggln6lj963"><img id="k8rho4y9ggln6lj963" src="https://cdn.durable.co/blocks/1fOykOm3jhNErDMQjfdgQS5Wt9wSn9eehwHzMPTWZgdmHMAtVyT2QZS89tu010fi.png" alt="Contact information" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: 20% 40%;" data-corners="default" data-aspect="16:9" data-caption="Contact Nicky Elliott" data-positionx="20%" data-positiony="40%" data-mce-src="https://cdn.durable.co/blocks/1fOykOm3jhNErDMQjfdgQS5Wt9wSn9eehwHzMPTWZgdmHMAtVyT2QZS89tu010fi.png" data-mce-style="aspect-ratio: 16/9; object-position: 20% 40%;"><figcaption class="body-normal text-gray-500 mt-2">Contact Nicky Elliott</figcaption></figure>

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