For 1st time home buyers, the home buying process can seem overwhelming. However there are 3 steps potential buyer’s can take in order to feel more comfortable with the process.
Even if you aren’t planning on buying a year or two from now getting acquainted with the market is an important step so you can be an educated buyer for when it is the right time. One way to do this is by looking at properties online. Websites I suggest are livecharlesgate.com, Zillow.com & Trulia.com. These are great sites to compare and contrast what you are getting for your money in different areas. It may also help you sort out different amenities you MUST HAVE or things that would be nice but you could live without.
Sign Up to receive Market Statistics:
Another great way to keep your eye on and to get acquainted with the real estate market is to receive the market stats. This includes:
Median prices and trends
Number of homes sold
Discount percentages – sold prices vs asking
Inventory levels – how many homes are on the market
Number of new listings on market for the month
Month to month and year over year comparisons for all data
Keeping up with the market stats can be helpful when you are trying to pinpoint where to live. If you’re interested in receiving monthly market stats for Boston sign up here!
Consult with Buyer Agent:
Lastly meet with a buyer’s agent to discuss your personal real estate goals. A buyer’s agent can go through the step by step process of how buying a home works and hopefully make the process seem less overwhelming. Buying a home is likely going to be one of the fiscally most important decision one is going to make in their life. Thus you want to have all the help and expertise you can so you feel comfortable about your decision. A buyer’s agent is there to help YOU! The more informed you are the easier the process will feel.
If you’re interested in finding out more information of how the home buying process works. Set up a free consultation today!