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3 Things You Need To Know, If You’re Looking To Buy A Home In 2023
And what to watch out for in 2024
If you’re looking to purchase a new home in 2023, there are a lot of things to think about.
I’m sure you’ve already heard all of the top-level headlines — that the housing inventory is low, demand is still high and that mortgage rates have skyrocketed.
But unless you do some research and understand the details behind those headlines, it’s hard to know exactly how this tight real estate market might affect you.
Luckily for you guys, I’ve done that research for you — and in this article, I’ll take a deeper dive on what the current home inventory situation is, what the rising mortgage rate literally means for you, from a cash out of pocket standpoint, and what you can do to give yourself the most advantage — if you need to buy a new home in this challenging market.
Welcome to Daniel’s Brew — where I cover personal finance, investing, and career development topics.
