Rents, homes prices, and mortgage rates all increased last year which created a lot of barriers for home buyers.
Rising rents have made it especially difficult for buyers to save for a down payment.
As exciting as home buying may seem, remember that a house has to be something you can comfortably afford.
You don’t want to end up in your dream house with a nightmare budget.
So what can you do in the meantime?
Share housing with roommates or opt to stay with your parents if your situation allows it.
Be persistent about saving money and protecting (or improving) your credit.
These might not be your ideal steps, but you can still take consistent action to make home buying more affordable when you’re ready.
Your Palm Harbor Realtor,
The Fazzini Group | ReMax Realtec