What's the outlook for first-time home buyers in Q4 2024?

Описание: https://www.ylopo.com/ask-ylopo/outlo...

The fourth quarter of 2024 might seem challenging due to rising home prices and higher interest rates. But here's some good news: as interest rates start to decrease, many states are rolling out new programs for first-time home buyers who meet certain criteria.

✅ Want to take advantage of these opportunities?
Contact local mortgage brokers and inquire about specialized first-time home buyer programs offered through mortgage companies or state initiatives.

Example: Virginia
They have a standard FHA loan with a 3.5% down payment requirement.
If you haven't owned a home in the past three years and your income falls below a specific limit, the state might provide a second loan to cover your down payment.

These programs often require participation in a first-time home buyer class.

These initiatives make homeownership more accessible by reducing initial costs. By exploring these options, you can find easier paths to owning a home despite market difficulties. Remember to always consult with mortgage experts in your area to learn about programs you might be eligible for.

For a more in-depth exploration of this topic, check out:
https://www.ylopo.com/ask-ylopo/outlo...

#FirstTimeHomeBuyer #Homeownership #MortgageTips #DownPaymentAssistance #2024HousingMarket


About Barry Jenkins
Realtor, Speaker, Coach, Trainer, Author, and Head Realtor in Residence at Ylopo

Barry began his career at 18, and has spanned almost two decades. He currently runs a team in Virginia Beach, VA & he’s also the CMO of Better Homes and Gardens Native American Group. His real estate team at this firm sold just under 900 units last year and is ranked #9 on the Real Trends to 1,000 groups in America.

He is also a full-time Executive at Ylopo with the title of “Head Realtor in Residence” where he trains their customers; and assists with product development & platform evangelism for them. His passions are his faith: being an ordained minister himself; his wife; and his 3 children.

He is also a best-selling author of the real estate book Too Nice For Sales - https://a.co/d/cBreDGI

About Ylopo LLC.
Ylopo is a “next generation” digital marketing technology company. Founded in 2016 by Howard Tager and Juefeng Ge, Ylopo has built an intuitive online marketing platform that delivers innovative “Do-it-Yourself” cross-platform digital marketing services specifically designed to serve the real estate industry.

Ylopo’s complete digital marketing solution exists to enable real estate agents and teams to more quickly and effectively grow their businesses and brands.

Benefits We Provided To Real Estate Agents & Teams:

✅ Lead Generation (Buyers & Sellers)
✅ Lead Nurture (Dynamic Remarketing Technology 👑)
✅ Facebook & Google Marketing Specialists
✅ Save time and get a competitive edge in all things digital marketing

Learn More About Ylopo;
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