Are you having a difficult finding a new home for a cheaper price? An interesting phenomenon seems to be taking place since the new year. According to a recently published article in Realtor Mag, the inventory for less expensive homes in plunging while there is a plethora of properties available for luxury property seeking buyers.
The housing market is hot and interest rates are still at record lows. Many renters or people that have never owned a home before are now seriously considering making their first real estate purchase. While it is an exciting (and stressful) journey, first time home buyers must be extra diligent as they have never done this before and may not know what to expect. This article highlights four costly mistakes that many home buyers unfortunately make: Continue reading