The hardest part is over: You've found the perfect home in Arlington, negotiated a deal you can live with, and secured a mortgage-- and now, you're in the home stretch of the home-buying process. Just one more critical hurdle lies on your way; the home closing.
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Here's a typical Craftsman home in Del Ray Alexandria VA
Rising home prices have created a market that favors sellers. Under these current market conditions, little
wiggle room for buyers on a budget is provided. In the previous year buyers in the market voiced that their top Real Estate sales stressor was a limited selection of inventory of homes for sale to choose from. Additionally, the year leading up to this year had notated that other top home buyer stressors were prices, competition, rising mortgage rates, and home shopping fatigue.
Here are the 2015 top home buyer stressors:
Affordability, prices jumped too quickly
Competition, other buyers want the same property
Circumstance, need to sell current property first
Down payment, didn't squirrel away enough to prepare
Unreasonable mortgage rates, can't make the move into home ownership just yet
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