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Keeping Current Matters

Wondering If You Can Buy Your First Home?

Wondering If You Can Buy Your First Home? | Keeping Current Matters

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too young, and still, others might think their current income would never enable them to qualify for a mortgage.

We want to share what the typical first-time homebuyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers. Here are some interesting revelations on the first-time buyer:

Wondering If You Can Buy Your First Home? | Keeping Current Matters

Bottom Line

You may not be much different than many people who have already purchased their first homes. Meet with a local real estate professional today who can help determine if your dream home is within your grasp.


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Have You Set Up Personalized Posts Yet? | Keeping Current Matters

Thinking of Selling? Now is the Perfect Time

Thinking of Selling? Now is the Perfect Time | Keeping Current Matters

It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.

The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring as compared to the rest of the year? The National Association of Realtors (NAR) recently revealed the months in which most people listed their homes for sale in 2017. Here is a graphic showing the results:

Thinking of Selling? Now is the Perfect Time | Keeping Current Matters

The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,680,000.

That number spiked to 1,970,000 by May!

What does this mean to you?

With the national job situation improving, and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring; they are out looking for homes right now. If you are looking to sell this year, waiting until the spring to list your home means you will have the greatest competition amongst buyers.

Bottom Line

It may make sense to beat the rush of housing inventory that will enter the market in the spring and list your home today.


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Have You Set Up Personalized Posts Yet? | Keeping Current Matters

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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Beach Town and The Medendorp Real Estate Group
318 Houston Avenue 3rd floor
Muskegon, MI 49441
Main Office: 231-777-7355
Fax: 231-332-5912

David Direct: 231-206-3367
Andy Direct: 616-403-4712

Email: INFO@sellmuskegon.com
david@SELLMUSKEGON.COM
AndyB@sellmuskegon.com

David Medendorp Ccim - GRI on Zillow        
See my Muskegon homes for sale

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