Infographics | The HousingCoach

The Biggest Mistakes Homebuyers Are Making Right Now

Want to know the biggest mistakes homebuyers are making today?
They include everything from putting off pre-approval for too long, holding out for the perfect home, buying more than they can afford, and skipping out on hiring a pro.
Connect with a real estate agent to make sure you have a pro on your side who can help you avoid these mistakes.

Are you wondering if the upcoming election will have an impact on the housing market? Here’s what history tells us you need to know if you’re considering a move.
Data shows home sales slow in November but quickly bounce back and rise the following year. Prices usually keep climbing. And mortgage rates typically come down slightly.
Presidential elections have only a small and temporary impact on the housing market. If you have questions, connect with a real estate agent.

There are a few key things you’ll want to avoid after applying for a mortgage to make sure you’re in the best position when you get to the closing table.
Don’t change bank accounts, apply for new credit, make any large purchases or transfers, and don’t co-sign loans for anyone.
Here’s a good rule of thumb. Always connect with your loan officer before making any financial decisions once you’ve started the mortgage process.

Wondering what the second half of the year holds for the housing market? Here’s what expert forecasts say.
Home prices are expected to climb moderately. Mortgage rates are forecast to come down slightly. And, home sales are projected to hold steady.
If you have questions about what to expect for the rest of the year, connect with a local agent to have a conversation about what it means for you and your plans.

Considering selling your house without an agent? You should know there are some serious downsides to handling it on your own.
You’ll be missing out on marketing tools that draw in more buyers, pricing and market expertise, essential negotiation skills, in-depth knowledge of the fine print in contracts, and so much more.
Don’t take all of this responsibility on. Instead, connect with an agent so you have someone with the knowledge and experience you’ll need on your side.

According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years.
That’s because a home is so much more just than a roof over your head. It’s also an asset that typically grows in value over time.
If you’ve been debating if it makes more sense to rent or buy, connect with a real estate agent to talk about why homeownership can be a better bet in the long run.