Jan 02, 2025
CHARLOTTE, NC — Many first-time homebuyers were shut out of the housing market in 2024 because of soaring sticker prices, few choices, and high interest rates. But this year is looking better for buyers. Lawrence Yun, National Association of Realtors Chief Economist and Senior Vice President of Research says things may be looking up this year,  “more choices, more inventory, that will lead to a boost in home sales roughly by 10% in 2025.” Yun adds now is the time to start getting your finances in order so you’re ready to make a competitive offer when you find the right home. First, make sure your credit is in good standing. Second, figure out how much you can afford. Third, find a mortgage lender.
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