If you’re trying to buy a house in 2024, you need to start the process sooner than you might think.
Over the past few years, the real estate timeline has changed. In today’s low-inventory market, most buyers take a bit longer to secure their new homes than in years past.
What does this mean for you if you want to buy a home? Just that you need to start the process early. With fewer homes available, finding the right one for you can take longer. What used to be a 2-3 month process now looks more like 4-6 months.
But if you start the homebuying process early, you’ll be able to enjoy the process rather than feeling rushed and stressed. You’ll have time to explore different neighborhoods, attend open houses, and find a home that truly meets your needs.
Giving yourself enough time helps you avoid rushed decisions and second-guessing. You’ll have the opportunity to make thoughtful choices without the pressure of a tight timeline.
To get the homebuying process started, you’ll need to first get pre-approved. This will give you a clear idea of your budget and make you a more attractive buyer when you find the right home. Plus, when you find the one, you’ll be able to quickly make an offer and secure the home.
Next, you’ll want to find your real estate agent. Interview at least three agents to see who will work best for you. You’re looking for a knowledgeable real estate agent who understands the local market and can navigate the competitive landscape with you.
Once you find the right agent and officially start looking at homes, remember to keep an open mind and be patient. The right home is out there, but it might take some time to find it. Good thing you started early, right?
If you want to have a new home by the end of 2024, don’t wait until September to start looking. Instead, start the process now! The market might be challenging, but with enough time and the right strategy, you can find your dream home.
Comments