Why the rise in first-time homebuying?

Low mortgage rates are encouraging many to buy

Historically low mortgage rates are encouraging many to buy. With the average mortgage payment now estimated at a lower monthly cost than renting, it’s a great time for first-time homebuyers to enter the market.

There are, however, challenges for first-time buyers. A recent survey conducted notes that understanding the home buying process may be the most significant barrier for many hopeful homeowners

If you’re among the first-time homebuyers who feel the process is complicated, you’re not alone. If you’re not sure where to begin or you simply want help in figuring out how to save for a home, finding a trusted real estate advisor to work with is a critical step toward your success. A real estate professional can help you understand the process, review your current situation, and guide you with a plan to help you to feel confident when buying a home.

If you’re interested in purchasing a home and need help getting started, reach out to our real estate professional today to take advantage of the support available to guide you through each step of the way.

  • Why the rise in first-time homebuying?

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