Was This a Tough Year for First-Time Homebuyers?
Feeling frustrated by your first time searching for a home to buy? You may not be alone. Angie talks through the different headlines in the news and how they apply in this area as well, including what it’s been like for first-time homebuyers.
Where’s the best place to raise a family? Are we in a sellers’ market? On today’s podcast we talk through a few different real estate headlines and see how they line up with what Angie has seen in the Triangle real estate market.
Thinking of selling your home? Is now the time? According to 57 percent of sellers, it is. What does Angie think? Are you ready to sell your home?
Are a lot of homeowners equity rich right now? Meaning, do they own the majority of the value of their home? Does this have an impact on homeowners during the home selling process? Could it change the negotiation process?
WalletHub released a ranking for the top states to raise a family in 2021. While North Carolina didn’t make the top five, which states did? States were ranked based on family fun, health and safety, education, childcare, and socioeconomics. What does Angie think of these ratings? Should the state be ranked the same statewide or does it depend on the city?
Finally, was it a tough year for first-time homebuyers? While interest rates were down, Realtor.com says the bidding wars and limited inventory made it a challenge for first-time homebuyers to buy a home. The process definitely has changed as you don’t have a lot of time or opportunity to go to open houses and explore a lot of homes. Angie agrees, this has been a more challenging year for first-time homebuyers in the Triangle as well. How can first-time homebuyers get ahead to try and buy their first home? Angie gives some advice and strategies to keep going.
0:48 - Sellers think it’s a good time to sell a home.
1:28 - 18 million homes considered equity rich.
5:47 - Where are the best places to raise a family?
9:31 - Was this a tough year for first-time homebuyers?
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