The COVID-19 pandemic reshaped the housing market in the 78751 area, as with all markets. This is challenging the concept of a ‘normal’ market. This post offers a calculated perspective on what normalcy might look like in a post-pandemic world.Using FHFA data and the House Price Calculator to project future trends, comparing current market prices with calculated ‘normal’ values and forecasting the trajectory for 2024.
- Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase.
- And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%.