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Articles about Home Buyer Tips

There is a lot to know when you are buying a home. Whether you are a first-time homebuyer or a seasoned veteran, we have loads of tips for you.

Scroll down the page to find articles that interest you. Of course, if you have any questions, we are happy to help, just ask!

Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024

January 8, 2024 By Libby Guthrie Leave a Comment

Real Estate Market Forecast 2024

Wondering about Real Estate Market Forecast for 2024? We’ve rounded up economists’ predictions for the coming year. A growing share of home buyers and sellers sat on the sidelines last year as the pace of home sales continued its downward trajectory.1 In fact, since the Federal Reserve began its series of interest rate hikes in […]

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Filed Under: Real Estate Tagged With: First-Time Home Buyers, Home Buyer Tips, Home Seller Tips

7 Common Homebuyer Regrets (And How To Avoid Them)

August 10, 2023 By Libby Guthrie Leave a Comment

7 Common Homebuyer Regrets (And How To Avoid Them)

To avoid buyer’s remorse, be sure to consider your future self when shopping for a home. Most new homebuyers don’t regret becoming homeowners. In fact, according to a survey by LendingTree, 80% of recent buyers who successfully overcame a challenging housing market say they’re glad they found their current homes.1 But that doesn’t mean newly-minted […]

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Filed Under: Home Buyers Tagged With: Home Buyer Tips, Homeowner Tips

How to Become a Homeowner on a First-Time Buyer’s Budget

May 11, 2023 By Libby Guthrie Leave a Comment

How to Become a Homeowner on a First-Time Buyer’s Budget

It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers […]

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Filed Under: Home Buyers Tagged With: California Real Estate, First-Time Home Buyers, Home Buyer Tips

BREAKING NEWS: What Recent Bank Failures Mean For Mortgage Rates (and You)

March 24, 2023 By Libby Guthrie Leave a Comment

BREAKING NEWS: What Recent Bank Failures Mean For Mortgage Rates (and You)

The recent collapse of Silicon Valley and Signature banks sent shockwaves through the financial sector, causing a ripple effect through the economy. While the situation has been challenging, there’s also been a silver lining in real estate: Mortgage rates are down. Read on for a summary of the situation, as well as what it means […]

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Filed Under: Financing Tagged With: California Real Estate, Home Buyer Tips, Home Seller Tips, Homeowner Tips

5 Questions to Ask Before Purchasing Your First Home

October 17, 2022 By Libby Guthrie Leave a Comment

5 Questions to Answer Before Purchasing Your First Home

Buy Now or Rent Longer? Should you buy a home now, or should you continue to rent an apartment or house? Let’s go over some considerations before you decide. Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s […]

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Filed Under: Home Buyers Tagged With: California Real Estate, First-Time Home Buyers, Home Buyer Tips

8 Strategies to Secure a Lower Mortgage Rate

September 19, 2022 By Libby Guthrie Leave a Comment

8 Strategies to Secure a Lower Mortgage Rate

Securing a Lower Mortgage Rate can save you thousands of dollars over the life of your home loan. Here are 8 simple ways to do so. Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes […]

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Filed Under: Financing Tagged With: California Real Estate, Credit, Home Buyer Tips

10 Pro Tips for a Smooth Home Move

August 15, 2022 By Libby Guthrie Leave a Comment

10 Pro Tips for a Smooth Home Move

The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place. Fortunately, you don’t have to do everything in […]

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Filed Under: Real Estate Tagged With: Home Buyer Tips, Home Seller Tips, Homeowner Tips

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guthriegrouphomes

Libby Guthrie, Realtor
@ Keller Williams 865-966-5005
🏡 Helping You Make the Move to Knoxville
📱 Cell: 865-364-0200
🏡 Good People, Great Homes!

What Does 2026 Mean for Home Sellers?Thinking ab What Does 2026 Mean for Home Sellers?Thinking about selling in 2026? The automatic leverage sellers enjoyed during the pandemic is gone—but that doesn't mean it's a bad time to sell.
Well-priced, move-in-ready homes in desirable areas still attract strong interest. Properties that are overpriced or need work face longer marketing times. Concessions like closing cost credits and rate buydowns are becoming normal tools to stay competitive without cutting your asking price.
The key? Price accurately from the start, prepare your home well, and work with someone who understands current local conditions. In a more balanced market, preparation determines outcomes.
Read the full article: https://gghknoxville.com/2026-us-housing-market-forecast/ Link in bio
#HomeSelling #RealEstate #RealEstateTips #SellingYourHome #HousingMarket #RealEstateAdvice #HomeSellerTips
Libby Guthrie, REALTOR® 🏡
Cell: 865-364-0200
Keller Williams 865-966-5005
GGHKnoxville.com
Libby@GuthrieGroupHomes.com
🏡 New Year Resolution: The '1% Rule' for Homeowner 🏡 New Year Resolution: The '1% Rule' for Homeowners⁣
⁣
As we kick off the new year, here's a smart financial resolution that can save you stress and money down the road: the 1% Rule.⁣
⁣
What is it? Financial experts recommend setting aside 1-3% of your home's value each year for maintenance and repairs. This proactive approach helps you avoid being caught off guard by unexpected expenses like a failing HVAC system, roof repairs, or appliance replacements.⁣
⁣
Here's how to make it work:⁣
• For a $300,000 home, that's $3,000–$9,000 per year⁣
• Break it into monthly savings: $250–$750/month⁣
• Keep it in a separate savings account labeled "Home Maintenance Fund"⁣
• Use it only for home-related repairs and upkeep⁣
⁣
Newer homes might lean toward the 1% end, while older homes often need closer to 3%. Either way, you'll have peace of mind knowing you're prepared when something needs attention.⁣
⁣
This simple habit can protect your investment and keep your home in great shape for years to come.⁣
⁣
Let us know in the comments⁣
⁣
#realestate #homeowner #homeownertips #homemaintenance #newyearresolution #homeownership #realestatetips #homecare #financialtips #homeinvestment #realestateadvice #propertycare⁣
⁣
Libby Guthrie, REALTOR® 🏡⁣
Cell: 865-364-0200⁣
Keller Williams 865-966-5005⁣
GGHKnoxville.com⁣
Libby@GuthrieGroupHomes.com
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