As we step into 2024, the real estate market presents new challenges that potential homebuyers must navigate carefully. The decision to buy a home is significant, and missteps can be costly. Here are eleven common mistakes to avoid if you’re planning to purchase a home this year:

1. Ignoring Economic Indicators

Overlooking broader economic indicators such as inflation rates, job growth, and mortgage rates can affect the affordability and timing of your purchase.

2. Overlooking an Inspection

Skipping the home inspection to expedite a purchase can lead to unexpected repair costs. Always ensure a thorough inspection is conducted.

3. Not Considering Future Needs

Buying a home that suits your current situation but doesn’t accommodate future plans can become a regrettable decision as your needs evolve.

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