To buy a home in spring 2025, you should organize your finances, choose the right team members, and understand the market.
Check your credit history and scores for free at Annualcreditreport.com. Look for any mistakes, liens or unpaid balances and get proof that you’ve resolved the issue. Determine sources to help you make a down payment, including savings, gifts, and grants.
Your team. Your real estate agent should be part of a vast network of contacts and have expertise in the neighborhood and the type of home you want to buy, such as a condominium or high-rise apartment. Your lender should offer a range of loan products that will fit your unique financial situation, whether you’re self-employed, an investor, or a co-borrower.
The market. Your agent will help you understand the market by showing you reports on housing prices, days on market, price reductions, and so on. This will help you choose the best neighborhood and home in your price range, replete with the services, transportation and other amenities you’ll need.