"According to BetterBond's latest property brief, the average home price for first-time buyers in 2023 was R1.18m. First-time homebuyer's deposits have also experienced major increases. As of Q4 2023, the average deposit for first-time home buyers was 10.2% of the purchase price. This is a 25.9% increase compared to 2022. By saving for a larger deposit, you pay less in your monthly bond repayments. Your affordability is always key when looking to buy real estate! Interested to know your current affordability? Contact Just Property today: #Affordability #HomeSales #HomeBuying #JustProperty #FirstTimeBuyers "

"According to BetterBond's latest property brief, the average home price for first-time buyers in 2023 was R1.18m. First-time homebuyer's deposits have also experienced major increases. As of Q4 2023, the average deposit for first-time home buyers was 10.2% of the purchase price. This is a 25.9% increase compared to 2022. By saving for a larger deposit, you pay less in your monthly bond repayments. Your affordability is always key when looking to buy real estate! Interested to know your current affordability? Contact Just Property today: #Affordability #HomeSales #HomeBuying #JustProperty #FirstTimeBuyers "

✨Interest rates are dipping✨ You may have seen the news that interest rates are dropping. Here’s what that means for you: 🎄If you are a homebuyer, this is good and bad news. Lower rates mean lower monthly payments and increased affordability. They also mean more competition as more homebuyers become ready to buy. ✨My advice: Get connected with my local lender and make a plan of action. If you can afford to buy, you may want to do so before decreased rates encourage more competition. 🎄If you are selling your home, this is great news! Lower rates will bring more buyers, giving your home a shorter time on the market. It may also bring in multiple offers, giving you choices when it’s time to sell. 🎄If you recently bought a home, this is still great news! If rates were high when you purchased, this is your time to watch the market and consider refinancing at a lower rate and bring down that monthly payment. Connect with your lender. They are the experts and will be happy to help! ✨If you’re ready to buy or sell, give me a call! Iam so grateful to help you navigate this exciting time in real estate. 📲910-540-5320 Follow along for more real estate insight!! 🎄 🎄 🎄 #interestrates #homeowner #seller #buysellbuildinvest #ncrealtor #ncrealestate #wilmingtonnc #wilmingtonncrealtor #wilmingtonncrealestate #newhome #homebuyinytips

Did you know?? In Ontario the minimum down payment required for a home purchase depends on the purchase price. For homes priced up to 500K, the minimum payment is 5%. For home price between 500K to 999,999, the minimum down payment is 5% on the first 500K and 10% on the remaining portion. For hoke priced above 1M or more, the minimum down payment is 20%. If you want to learn more please feel free to reach out. #firsttimehomebuyers #Firsttimehomebuyerincentive #realestateinvesting #gtarealestate

While the current market can be challenging for some, first home buyers are actually doing well, making up 26% of all home purchases across NZ so far in 2024 (up from the long term average of 21%) So why is right now a good time for FHB's to look at entering the market? 🏠 Access to low-deposit finance at the banks 🏠 The ability to use KiwiSaver for part of a deposit  🏠 Less competition from other buyer groups 🏠 The willingness to compromise on location and/or property type 🏠 House prices are lower in some areas than they have been in the past few years If you are a first home buyer keen to enter the market, then reach out for a chat. You might be surprised at what you can borrow to buy your dream home. #nzproperty #firsthomebuyers #kiwihouses #nzrealestate #queenstown #centralotago #nzhouseprices #nzeconomy

📣📣 First Home Buyers - did you see the latest, breaking news out of the State budget? Effective immediately, the stamp duty threshold has been increased 🥳 🏠 So, if you're looking to buy a house for $450,000 or less, you'll pay $ ZERO stamp duty (this threshold has been increased from $430k) 🏠 And, if you buy a house for $450,000 - $600,000 you'll pay a reduced rate of stamp duty (increased from the previous upper cap of $530,000). This is great news for first home buyers, making it more affordable for you to break onto the property market 🙌 #hpsetts #realestateagentperth #perthproperty #firsthomeowner #firsthomebuyers

According the NAR 2023 Profile of Homebuyers and Sellers, the median length of time buyers waited to buy a home while saving for the down payment was four years! It’s hard to save money in the current economy. But a family that can responsibly manage their cashflow is far better off owning versus renting. I have 10 different down payment assistance programs that can help almost anyone qualify for a home. Let me show you how. Thanks for the daily knowledge, John Howland Pell Hudson!!

Checking out those 2024 home price forecasts like 😯 Here's the inside scoop straight from your favorite realtor's mouth! (That's me! 🙋♀️) 📉 Everything we're seeing in California is telling us that home prices are going to stay steady and or go up a little bit. This includes an increase in transactions not just in California but nationwide as a whole, partially because of lowered interest rates and the pent-up need to sell. BOTTOM LINE: Even though it does feel like the market is beginning to normalize again, interest rates are coming down, which means there are about to be A LOT of homebuyers entering the market. 💰 Need an expert to help you navigate this wild market? Reach out today! #JessBurns #JessBurnsRealtor #SanLuisObispoRealEstate #californiarealtor #SLORealtor #realtorlifestlye #realtortip

The "Cost of Waiting" to buy a home is a real number. Not only do you miss out on significant appreciation when home prices continue to rise, you also end up paying more for the same house. The mean expected appreciation rate in 2024 on a $500k home is a gain of almost $24k - in just 1 year! For those that put off buying, hoping rates would come down - they now will spend about 5% more for the same house they were looking at last year. Over the next 5-years, that same report forecasts a gain of $100k, with the most optimistic forecasts showing a gain of 32% or $160k appreciation growth. I know all the "date the rate, marry the house" sayings sounded corny when rates started rising in 2022, but the proof is in the pudding when you go to buy or sell your house. #DateTheRate #MarryTheHouse #Homebuyers #HomebuyingTips #MortgageAdvisor #RealEstate #HousingMarket2024 #HomeOwnership

Here is your latest real estate tip. If you’re looking to buy a home, your down payment doesn’t have to be a big hurdle. You might be surprised how achievable your goal is, especially with the right support on your side. There are over 2,200 programs out there designed to assist homebuyers like you with down payments. To learn more about your options, DM me today. #homeownershipgoals DRE#0150710