Discover the essential strategies for first-time homebuyers with our guest, Steve Reed, owner-proprietor of Benchmark Home Loans. We promise to equip you with the knowledge to navigate the tricky terrain of the 2025 housing market with confidence. Steve and I discuss the vital importance of selecting the right realtor and lender, steering clear of the common pitfall of relying solely on advertised interest rates or limited research. Rising interest rates have many potential buyers on edge, but with our insights, you can make informed decisions that work in your favor.

As we look ahead to the broader housing market trends of 2025, expect a refreshing shift toward more traditional home price appreciation, offering hope for increased affordability. Steve and I explore the intersection of interest rates, inflation, and wage growth, and how these elements might be influenced under a new presidential administration. We shed light on the wage growth disparity between job changers and stayers, offering a nuanced view of the economic landscape and its implications for home affordability.

Our conversation wouldn't be complete without addressing real estate market concerns, particularly the rising insurance premiums in disaster-prone regions like Florida. We stress the importance of engaging with insurance agents early in the homebuying process to avoid unexpected costs. Lastly, we proudly share our expertise in residential mortgage lending across Southeastern states, extending an invitation for personalized guidance. Reach out to us for support as you embark on your homebuying journey, and remember to like, rate, and review our podcast if you find our insights helpful.

To help you to navigate the home buying and mortgage process, Jonathan & Steve are currently licensed in Tennessee, Florida, Georgia, South Carolina, and Virginia, contact us today at 423-491-5405 or visit www.jonathanandsteve.com.