Eastern Shore Maryland Real Estate, Homes for Sale | Eastern Shore Realtor
Properties for Sale on the Eastern Shore of Maryland
About the Area
Talbot County
Easton Real Estate - Homes For Sale | Maryland Eastern Shore Realtors - Agents
Oxford Real Estate - Homes For Sale | Maryland Eastern Shore Realtors - Agents
St. Michaels Real Estate - Homes For Sale | Maryland Eastern Shore Realtors - Agents
Dorchester County
Cambridge Real Estate - Homes For Sale | Maryland Eastern Shore Realtors - Agents
Queen Annes County
Caroline County
Luxury Waterfront Homes on the Eastern Shore
Maryland Eastern Shore Luxury Homes
Maryland Golf Course Homes for Sale
New Home Construction on the Eastern Shore of Maryland
The Preserve at Wye Mills
Eastern Shore Maryland Condos for Sale - Cambridge, Martingham, Deep Harbour, Easton Club
Active Living on the Eastern Shore of Maryland
Maryland Historic Homes for Sale
Maryland Eastern Shore Farms & Land
Buying a Home on the Eastern Shore of Maryland
Eastern Maryland Real Estate Agent
Eastern Shore Maryland Community Information and News
About Your Eastern Maryland Real Estate Agent
REAL ESTATE NEWS
Our Eastern Shore Real Estate Blog

Title
 Our Eastern Shore Real Estate Blog 
Tuesday, 02 August 2011

First-time home buyers make up a big chunk of home buyers. So what are their top priorities when shopping for a home? Bankrate.com recently featured “must-haves” for first-time home buyers. Here are a few top priorities:  

Affordable price. "Unlike a trade-up buyer, they don't have any equity to roll into the purchase of their next home, so coming up with a down payment and the financial aspects of buying a home is the first concern," says Paul Bishop, vice president of research for the National Association of REALTORS®. Fortunately, home affordability is at one of its highest in years and a large inventory of homes on the market provides plenty of options, which is helping first-time buyers find a good home at a great price.

Room to grow. Ken Shuman, Trulia.com spokesman, says that first-time home buyers often find its smart to search for a first home that not only accommodates their needs now but one that can accommodate them in 10 years, too. Space to accommodate growing families will likely be a higher priority than upgrades, such as granite countertops, Shuman says. 

Turnkey. Surveys have recently shown first-time home buyers showing a preference for homes that are in move-in condition and in stable neighborhoods, rather than fixer uppers in depressed neighborhoods. In evaluating whether a home has been well-maintained, MacDonald suggests watching for such things as rotten trim on the exterior, dirty air-return ducts or a dirty filter in the HVAC system, or a damaged roof or gutters. 

Read more from Bankrate.com about must-haves of first-time home buyers.

Source: “5 Major Must-Haves for a Fab First Home,” Bankrate.com (August 2011)

Posted by: Daily Real Estate News AT 02:05 pm   |  Permalink   |  Email

Barbara Watkins, Associate Broker
Benson & Mangold Real Estate

27999 Oxford Road
Oxford, MD 21654
Office: 410-822-1415 ext 306
Cell: 410-310-2021

Email: barb.c.watkins@gmail.com

Terms Of Use - Privacy Policy - Contact Policy 

Real Estate Logo Design, Real Estate Website Design &
Real Estate Marketing Services Provided by:

Pro Step Marketing

Copyright©  Barbara Watkins, REALTOR®, All Rights Reserved.


Site Powered By
    prostepmarketing.com
    Online web site design