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Best Practices For Purchasing A Home In This Market

Are you feeling overwhelmed with your search for the perfect home? 

You’re not alone! My mission is to help you find your place in the world — read on for 5 essential tips to help you in your home-buying journey...

1. Know Your Budget

Figure out how much you can afford as a monthly payment. Consider the home’s price, your down payment, mortgage rate, home insurance and property taxes. Get pre-approved before you begin your search. 

2. Partner With A Pro

Compass was recently ranked #1 brokerage in the nation* — for the third year in a row. Working with a buyers' agent means expert guidance, negotiation support, and help navigating a historically challenging market.

(**Source: RealTrends Closed Sales Volume. 1/1/2021 - 12/31/2023)

3. Be Flexible About Size And Location

Your budget might fit a small home in your perfect neighborhood, or a larger home further out. Understanding your priorities means you can move quickly when it counts.

4. Keep an Eye on Your Market

Compass Collections can show you the available homes, their prices, and how quickly they sell. You’ll know whensomething great hits the market, and can feel confident you’re making a well-researched decision.
5. Remember... You Call The Shots
With 35% of available homes receiving price cuts, the market is shifting to being more favorable for buyers. You can approach this process confidently, armed with good information and a great agent!
 
Ready to find your dream home? Contact me today to get started!
 

Work With John

At Compass, John strives to elevate the real estate experience, providing exceptional, personalized service for all his clients. He takes great pride in the relationships he builds and works relentlessly to help his clients achieve their dreams of owning coastal real estate. Contact John today!

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