We’re glad to see so many young people not being deterred from buying a home due to the changes in the market over the last few years. There is still a lot of value to be found in buying a home, putting down roots, and investing in your future stability through real estate. Considering how quick to pick up on things members of generation x and y are it’s no surprise that the younger people are among some of the fastest growing groups of buyers.
That said there are still a few things to keep in mind for the best results when it comes time to find a home.
This should come easy for many of you – between social media and smart phones, this tip almost doesn’t even need to be mentioned. You can find homes in Boise online easily on our website, you can even use other tools like Google Streetview to get a pre-showing view of the home and the area. Use them! It will save you a lot of shoe leather if you can search the market for possible homes before hitting the street.
Unlike the real estate boom years, don’t assume a home purchased today will appreciate in value within five years. You’ve got to be around to benefit from the appreciation, so if you’re unsure about your five-year plans, it may be better to rent. Don’t look at buying a home as the end of all ends however, plans change, LIFE changes; you can always sell, or rent out your home down the road should things drastically change.
Avoid Information Overload
It’s harder and harder to do. Information is everywhere, especially if you’re really into being online and connected. If you want to find a differing opinion you can find a few thousand online without even looking hard. Knowing too much can be just as dangerous as not knowing enough, so by all means do your research but don’t drive yourself insane with mortgage calculations, real estate blogs, and doom predictions.
Don’t Go It Alone
Many people think that because so much information is available online that they don’t need the help of a real estate agent. Nothing could be further from the truth! A REALTOR® does more than just find homes for you, they are truly your advocate throughout the process of negotiating and getting the deal done. Beyond that a good agent can steer you away from possible pitfalls.