Skip to main content

Housing market in spring 2024

My husband and I have been wanting to buy a home and our loan officer just told us we need to save up to afford our closing costs and down payment and that we should be able to buy something once more homes become available in the spring? How likely is this? I’ve been reading that some homes maybe be available, yes, but demand will just drive the prices up again and we can only afford so little as it is.

Our stats: Loan we can afford: $200K Location: Northern Va, but willing to move 2 hours out from DC Household Income: $70K Debt: $25K Dependents: 2 Type of home we want: single home, 2 bed 2 bath, 5 acres of land (which our realtor said is unrealistic for our price range)

Should we just bite the bullet now and move out of my in laws and rent an apartment and wait another year to look to buy?

submitted by /u/Notlivingthedream3
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/17xcg08/housing_market_in_spring_2024/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Looking for Prospective Opportunities to Utilize Floor Plan Redraw Skills

"Hey HomeOwners & Investors , I have a team of 10 professionals who are trained in redrawing/redesign floor plans in both 2D and 3D interior& exterior using floorplanner.com/3ds Max and TruView point cloud. We're looking for prospective opportunities to utilize our skills. Are there any companies or individuals in need of accurate floor plans and measurement reports ? Any suggestions for where to start looking? Thanks in advance for your help!" submitted by /u/mangojuicelife [link] [comments] source https://www.reddit.com/r/RealEstate/comments/119uoh0/looking_for_prospective_opportunities_to_utilize/
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more