It’s now easier to buy a house than it has been in a long time.

As we enter the spring season of 2023, we are seeing a lot of buyers return to the market. In fact, buying a house now may be easier than it has been in the past couple of years.

In the past, low rates made it difficult for buyers to compete in the housing market, resulting in a seller's market. However, the situation is changing, and it is now easier for buyers to win deals. With fewer buyers in the market, competition has reduced, and sellers are motivated to put their houses on the market.

With many houses hitting the market, homebuyers will have more options to choose from. This increase in inventory can help balance the market and give buyers more power to negotiate. Therefore, if you are thinking of buying a home this spring, now is the perfect time to start your search.

“Don’t wait until you are ready to buy a house to check your credit. ”

Many buyers are surprised to learn that they don't need excellent credit to qualify for a mortgage. Wholesale lenders are now offering products that make it easier for people to get qualified for a mortgage and at better terms. If you are thinking of buying a home, talk to a lender, and they will run your credit report for you. If you have any issues, they will advise you on how to pay off certain things and call back in 90 days.

Don't wait until you are ready to buy a house to check your credit. Get your credit sorted out six months to a year in advance. That way you can fix any issues and get a better deal on your mortgage. The earlier you start the better your chances of getting approved for a mortgage with favorable terms.

If you're thinking about buying a house this spring, call us, and we'll get you connected with a trusted lender.