First Time Home Buyers Archives - Charles River Properties

The Long-Term Benefit of Homeownership

by Charles River Properties | Oct 5, 2022 | Buyers, First Time Home Buyers, Housing Market Updates

Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term...

The Cost of Waiting for Mortgage Rates To Go Down

by Charles River Properties | Oct 4, 2022 | Buyers, First Time Home Buyers, Housing Market Updates

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans....

Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

by Charles River Properties | Sep 30, 2022 | Buyers, First Time Home Buyers, Infographic

Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge...

Why You Should Consider Condos as Part of Your Home Search

by Charles River Properties | Sep 28, 2022 | Buyers, First Time Home Buyers, Housing Market Updates

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to...

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

by Charles River Properties | Sep 16, 2022 | Buyers, First Time Home Buyers, Infographic

Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning...

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

by Charles River Properties | Sep 15, 2022 | Buyers, First Time Home Buyers, Housing Market Updates

If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to...