TDG Property Solutions

Tips for Younger Homebuyers: How To Make Your Dream a Reality

If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? Here are some helpful tips you may get from a pro.

1. Explore Your Options for a Down Payment

If a down payment is your #1 hurdle, you may have options to give your savings a boost. There are over 2,000 down payment assistance programs designed to make homeownership more achievable. And chances are you won’t need to put 20% down (unless specified by your loan type or lender).

2. Live with Loved Ones To Boost Your Savings

Another thing a number of Gen Z buyers are doing is ditching their rental and moving back in with friends or family. This can help cut down your housing costs so you can build your savings a whole lot faster.

3. Cast a Broad Net for Your Search

When you’ve saved up enough, here’s how a pro will help you approach...

Tips for Younger Homebuyers: How To Make Your Dream a Reality If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home?

Considering making a move? According to Realtor.com, profit potential and family priorities are the top motivators for homeowners right now.
Let’s dive into the reasons driving your decision. With home values and inventory on the rise, it might just be the right time to make that change.

Struggling to find a home within your budget? Builders might just have the solution you've been searching for.

With a focus on smaller, more affordable homes, they're catering to what buyers need most.

Ready to explore your options? Let's connect and discover what's available in and around our area.

What Is Going on with Mortgage Rates?

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data.

Economic Factors That Impact Mortgage Rates

When it comes to mortgage rates, things like the job market, the pace of inflation, consumer spending, geopolitical uncertainty, and more all have an impact. Another factor at play is the Federal Reserve (the Fed) and its decisions on monetary policy. And that’s what you may be hearing a lot about right now.

Basically, long story short, inflation and its impact on the broader economy are going to be key moving forward. As Greg McBride, Chief Financial Analyst at Bankrate, says: “It’s the longer-term outlook for economic growth and inflation that have the greatest bearing on the level and direction of mortgage rates. Inflation, inflation, inflation — that’s really the...

What Is Going on with Mortgage Rates? You may have heard mortgage rates are going to stay a bit higher for longer than originally expected.

If you’re looking to move, you know affordability is tight right now.

But there are some signs it’s starting to get a little bit better and may improve as the year goes on.

We’ve still got a long way to go. But if you want someone to keep you up to date on the latest, I can help.