Home Buying Goals

If you’re planning to buy a home in 2023, here are a few things to focus on.

Define your investing goals
Determine how you will finance the investment.
Speak with your Financial Advisor, Accountant, and Attorney regarding your plans and obtain their guidance.
Work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get pre-approved, create a list of desired features, and prioritize them.
Be clear on your wants and needs before viewing inventory. For example, high-net-worth home seekers are now flocking to smaller, more manageable square footage and modern amenities focused on wellness and technology.
In Coldwell Banker’s luxury Report, home automation ranked as shoppers’ top, most desirable feature. Some 81% of the surveyed agents said their clients seek smart homes. “If people buy a fully renovated turnkey home, part of that turnkey idea is to have smart-home technology that is voice-activated and precisely integrated,” said Miami-based agent Danny Hertzberg. For luxury home buyers, though, smart technology transcends voice-enabled devices to denote such features as smart security systems, electric car docking stations, and energy-producing roofs. “The evolution of smart home tech has gone from convenience-focused applications to experience-focused integration of all components for daily living and energy efficiency,” Hertzberg said in the report.
Let’s connect, so you have expert advice on how to reach your homebuying goals this year.

Other educational articles about the market and your home search are under Karen’s Blog.

New York City Realtor KAREN KOSTIW