Free online clinic educates first-time homebuyers.

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First-time homebuyers make up about one-third of the market, but that percentage has fallen a bit lately.

Fort Worth, Texas — Finding a new home is already hard, but trying to do it as a first-time buyer can be overwhelming.

The Greater Fort Worth Association of Realtors has set up a new online class to help new buyers navigate the housing market.

Elizabeth McCoy, President of the National Association of Realtors Members of Fort Worth, said:

First-time homebuyers make up about one-third of the market, but that percentage has fallen a bit lately.

“We wanted to reach out and provide them with a lot of tools so they could buy a home and be ready to succeed when they were ready,” McCoy said. rice field.

The Zoom clinic consists of four parts: start-up and research, financing and credit, home protection with inspections and guarantees, and what to expect when closing a home.

Classes are free and last for about 45 minutes on Tuesday noon. They have already completed the first two, but will post the video online when they are done in a few weeks. The first question is where to look and how much money do you need to buy?

“The most important thing you can do as a first-time homebuyer is to pre-qualify with a lender in advance,” McCoy said.

Some of the programs encourage people to take advantage of available programs, such as helping first-time homebuyers, who can offer qualified people up to $ 20,000 in cash.

I would like to note the first timer, but the market is moving rapidly. According to a national report, homes are receiving twice as many offers as they did two years ago.

“Many buyers are a little frustrated because it’s difficult to accept offers,” McCoy said. “I don’t want to fall in love with what I see first or what I like first.”

Median home prices in Dallas / Fort Worth were $ 354,000 last month, up nearly 30% from 2019. According to McCoy, many now need to search longer and get ready.

“You just need to have a good team behind you,” McCoy said.

Free online clinic educates first-time homebuyers

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