
Things to Consider When Buying a Home
Spring 2025 Home Buyer Highlights – What You Need to Know
🏡 Top Reasons to Own: Build wealth, enjoy stability, personalize your space, and lock in a predictable payment.
📈 Inventory Is Growing: More existing homes AND new builds are hitting the market—more options than we’ve seen in years.
💰 Rates & Prices: Mortgage rates may ease into the mid-6% range. Prices will likely keep rising slowly (around 3-4%)—waiting could cost you equity.
📊 Affordability Matters: Even a small change in interest rates impacts your monthly payment significantly.
📉 The Cost of Waiting: Buying now beats trying to time the market. Home values are expected to keep climbing into 2029.
🚫 Avoid Buyer Pitfalls: Don't overextend, skip assistance programs, or try to outsmart the market. 70% of renters fear missing the equity train.
🤝 Why You Need an Agent: From pricing to contracts to negotiating—your agent is your best asset.
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