And the biggest piece of reader advice: 'Listen to your real estate agent!'
- We asked Inman readers about the biggest mistakes they've seen first-time homebuyers make.
- These were the top three: not talking to a lender first, waiting too long to make an offer and offering too little for properties.
- The resounding piece of advice readers offered was: "Listen to your agent!"
As with many things in 2016, the housing market has been plagued with various issues: plummeting inventory, skyrocketing home prices and affordability problems that are keeping some buyers still. However, the National Association of Realtors’ September existing-home sales report revealed a promising silver lining — first-time homebuyers.