First-time buyers

Think You Have To Put 20% Down? Most First-Time Homebuyers Don't.

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According to Google Trends, online searches for down payment information recently hit an all-time high. And that’s a clear sign more buyers are trying to figure out what they really need to save before making a move (see graph below):

If you’re wondering the same thing, you can always turn to the internet for answers. But a lot of the [...]

Rent or Buy? The Real Tradeoff Most People Don't Talk About

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You’ve probably asked yourself lately: Is it even worth trying to buy a home right now? It’s a question a lot of people are asking.

With today’s home prices and mortgage rates, renting can feel like the easier path. In some cases, it might even seem like the only realistic option right now. And if that’s where you are, there’s nothing wrong with [...]

Should You Wait for Lower Rates?

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Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range. If you saw that and thought, “Great. I missed it,” you’re not the only one.

Many buyers are treating the 5s like some kind of magic number. As if moving from 6.1% to 5.99% suddenly changes [...]

The $280 Shift in Affordability Every Homebuyer Should Know

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If you've put your move plans on hold due to high rates or prices, it may be time to reassess your numbers. Affordability is improving in 39 of the top 50 markets, according to First American. And that’s the 5th straight month where buying a home has become slightly easier.

Let’s break this down into real dollars, so you can see the difference this could make for you (and your [...]

The Advice First-Time Homebuyers Need To Hear

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Buying your first home is a significant milestone, and the proper support will make it a whole lot easier.

Because while this process might be brand new to you, it’s not new to your agent. They’ve helped plenty of first-time buyers through it. They know what works, what matters, and how you can move through the process with a lot less [...]

Paused Your Moving Plans? Here's Why It's Time To Hit Play Again

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It’s not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgment. Conditions just weren’t great.

Inventory was too low, prices were too high, and mortgage rates were bouncing all over. That made it really hard to find a home you loved – and could afford. And why sell [...]

Your Roadmap to Homeownership

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Some Highlights

  • Buying a home isn’t just a transaction – it’s a journey. And, like any great adventure, having a solid roadmap makes all the difference.
  • Each milestone is an achievement, from building your dream team to getting pre-approved, house hunting, and signing the papers on closing day.
  • Your journey starts here.

Let’s connect so you have help every step along the way. Contact one of our Team Members at Cates Real Estate at 207-701-5600 or [...]