In a recent National Association of Realtors survey, 75% of first-time homebuyers said they had compromised on their home purchase, most commonly on the size and price.
When it’s time to search for a starter home, many young – and not so young – people quickly discover that their budget won’t cover their dream home. That means making tough choices and doing some serious thinking about what matters: Will granite countertops make you happier than living 15 minutes closer to work? Is a third bedroom worth giving up a second car? Is living in your dream neighborhood more important than having a yard?
Most experts agree that if you buy a home, you need to make sure you can live in it for at least five years, and maybe longer. This new article from U.S. News outlines five things first-time homebuyers should consider as they begin their new home search.
