Buying a Home: Today vs. Ten Years Ago
BUYING A HOME — if you haven't gone through the process yet, I'm sure you will one day. I'm here to walk you through each step of the process. But FIRST, let's hop on a time machine to see how different things were ten years ago.
2012 vs. 2022
When you google "Buying a house in 2012" you get headlines about record-low prices and incredible deals. If you ask me, it's always a good time to buy a home but 2012 was a REALLY good year. Today's headlines? A completely different story — bidding wars, record prices, and fierce competition.
The Home Buying Process (Then and Now)
- Understand why you want to buy a house — Yes, this may seem obvious but remember your WHY!
- Check your credit score
- Create a housing budget — Making a plan will help everything roll smoothly
- Save for a down payment
- Shop for a mortgage
- Hire a real estate agent — You want an agent that is comfortable, confident, and successful in this current market
- See multiple homes — Open houses are great! Today you also have virtual walkthroughs and FaceTime tours!
- Make an offer — These days there's no time to wait. You've gotta make an offer fast and furious
- Get a home inspection — This step is crucial. Always has been, always will be
- Negotiate repairs and credits
- Secure your financing — This also includes making NO OTHER LARGE PURCHASES!
- Do a final walk-through
- Close on your house — Welcome home
If you or somebody you know is looking to buy or sell, CALL US! We are here and ready to help you rock this market!