Things to Consider When Buying a Home in 2024
Navigating the ever-changing terrain of the housing market can seem like a Herculean task, but equip yourself with our latest episode and you'll be charting your course with confidence. Reflecting on our maiden voyage into homeownership back in 2017, we dissect the complexities of the 2024 housing market, from the surging impact of inflation on property prices to the intricate web of mortgage options at your disposal. Whether you're a first-time buyer or a seasoned investor, our deep dive into the nuts and bolts of conforming and non-conforming loans, credit scores, and the saving grace of private mortgage insurance will leave you with a blueprint for success.
Ever wondered about the alphabet soup of home loans? FHA, USDA, VA—each one offers a distinct flavor, and we're serving up a full-tasting menu. If you're balancing a commission-based income, we share strategies for securing a mortgage that won't leave you high and dry. And for our rural dreamers and valiant military families, we peel back the layers on USDA and VA loans, revealing how these options could turn your dream of homeownership into reality. This episode isn't just about getting your foot in the door—it's about unlocking the right door for you.
As we chart the ebb and flow of real estate market prices, we anchor our conversation on the reality of rising construction costs and their ripple effect on your wallet. We share tales from our quest for the perfect home, weighing the gold dust of location against the value of investing in emerging neighborhoods. And with a nod to our roots in Houston, where the market has been as hot as a Texas summer, we close out our chat with a roadmap for anyone aiming to secure a slice of the American Dream. So, join us, and let's turn the key together on the adventure of home buying in 2024.
