Local real estate agent gives buying advise with house prices on a steady rise

DELMARVA. – If you had high hopes of buying a home, but prices have been looming over your head, a local real estate expert said you’re not alone.

According to a Zillow report, aspiring home buyers need to make $47,000 more than in 2020.

With prices on a steady rise, Long and Foster real estate agent, Von Kirchhoff said you shouldn’t let all of those zeros steer you away from your dream home.
Instead, you should explore this one popular option that’s more affordable.

“I always suggest, if you have the mindset for it, you can do a fixer upper,” Kirchhoff said. “Something that you can put your work into your home, that way you’re also adding instant equity into your house.”

Kirchhoff added while interest rates may never hit pandemic levels again,
having a seller buy down the interest rate is always an option you should explore with your agent.