Key Takeaways:
- Partnering with a trusted real estate advisor is the best way to ensure that you get your dream home at the best value
- Prioritizing elements of a home that are important to you can be a great strategy for finding a great home
- Consider expanding your radius or criteria while you search to find your first home
As a first time home buyer, there’s a great deal to consider when searching for your first home. With the market being as fast paced and unpredictable as it is, mortgage rates rising, and home prices rising, it can seem reasonable to put your home buying plans on hold.
But the truth is, you don’t have to! It remains true that home ownership is one of the best ways to build long-term wealth and it’s still possible to break into the market despite the current events.
Our biggest piece of advice: work with a trusted real estate advisor to guide you through your first time home buying process. When you partner with an agent from Linda Craft Team Realtors, you will have the necessary support to guide you through finding a home in the Raleigh Market.
Work With an Agent to Prioritize Your Wishes
If you’re having difficulty finding a home in your budget that checks all of your boxes, it’s important to take a step back and prioritize your wants and needs. Speak with your realtor to gain perspective on what’s available in the market at your price point.
If you continue to have trouble, open up the pool of what you’re willing to accept to allow yourself more options to choose from. Keep in mind that making a concession on your wishlist now doesn’t mean that you’ll never have the elements that you wanted. You can always customize your home to fit your lifestyle after you’ve moved in.
Consider Searching in a Wider Radius
In many real estate markets, and especially in the Triangle, the area that you purchase your home in will have a huge impact on the purchase price. If you are struggling to find the home that you want in a certain area within your price point, don’t be afraid to expand your search radius.
Being flexible on your location might give you the ability to afford some of the other elements on your wish list. With so many companies, especially in the Raleigh area, offering remote work, expanding your search radius is more realistic than ever.
If youāre serious about purchasing your first home this year, reconsidering your requirements on your wish list and desired location could help you find your perfect home. Contact us today to explore all of the options in the Raleigh Area so you can achieve your homeownership dreams.