How Do Climate Risks Affect Your Next Home?

Climate change is impacting where people buy homes.

Climate change is impacting where people buy homes.
If buying a home is on your radar – even if it’s more of a someday plan than a right now plan – getting pre-approved early is still one of the smartest moves you can make.
There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.
Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall.
Buying your first home in today’s market can feel tough. Between high home prices and mortgage rates, affordability is still a big challenge.
Some Highlights It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home. When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return…
If you’ve been holding off on buying a home because of high mortgage rates, you might want to take another look at the market.