Get tips on writing a winning offer for your dream home, understand the appraisal process, discover the comeback of beige in home design, learn about the resurgence of herringbone patterns, and find out the best markets for first-time homebuyers in 2024.
Irondequoit, New York is the top market for first-time homebuyers in 2024 due to affordability and good job opportunities.
Crafting a compelling offer involves understanding buyer and seller priorities, and factors beyond price, such as contingencies and possession, can increase appeal.
Deep dives
Top Markets for First-Time Home Buyers in 2024
Realtor.com has compiled a list of the best markets for first-time home buyers in 2024. The top market is Irondequoit, New York, followed by Benton, Arkansas, Winter Set, Iowa, Newington, Connecticut, and Council Bluffs, Iowa. These markets offer affordability and good job opportunities. Additionally, they have amenities such as restaurants, cafes, and shopping centers, making them attractive for young buyers. Other markets on the list include Cheektowaga, New York, Grand Rapids, Michigan, Moore, Oklahoma, Mattydale, New York, and Riviera Beach, Maryland.
The Importance of Crafting a Great Offer for Buyers and Sellers
Crafting a compelling offer is crucial for both buyers and sellers. For buyers, the key is to understand what is most important to them, be it price, location, or other factors. It's recommended to research the market and make a strong offer that aligns with their priorities. For sellers, evaluating offers involves considering factors beyond price, such as contingencies, possession, closing date, and earnest money. Understanding the seller's preferences and tailoring the offer accordingly can increase its appeal. Writing a clean contract and offering the highest and best terms can also strengthen an offer. Ultimately, effective communication between buyers and sellers, along with clear understanding of priorities, can lead to successful transactions.
The Power of Beige as a Design Trend
Beige is making a comeback as a design trend. While it may have been considered outdated in the past, beige is now being utilized as an accent color when paired with white or grays. This combination creates a modern, clean, and luxurious look. Beige is being used in various elements of home design, such as jute rugs, wool throws, backsplashes, shower tiles, and wooden flooring. It offers a neutral color palette that can complement different styles and provide a warm, inviting atmosphere. By incorporating beige in a subtle and strategic manner, homeowners can achieve a sophisticated and timeless aesthetic.
How do you make the best offer to land your dream home? REALTOR® Pat Vredevoogd walks us through the process of writing a winning offer. From price to possession, from contingencies to earnest money, she explains what a buyer should include if they want to win the house. And for sellers, Pat explains what to look for in an offer and explains why price isn’t always everything. Peter Gallo, owner and chief appraiser at HomeSight Appraisal, explains the appraisal process and what it means to buyers, sellers—and the lender. Danielle Hale, the chief economist at Realtor.com, walks us through “The Best Markets for First-Time Homebuyers in 2024” report. This fascinating study examined U.S. markets through the eyes of first-time buyers, looking at home availability, affordability, and price, as well as employment opportunities and the cost of living. Also, Melissa Dittmann Tracey talks about the color beige and the traditional herringbone patterns. Are they hot—or are they not?
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