Real Estate

How to avoid overspending in a hot housing market


monkeybusinessimages | iStock | Getty Images

In this hot housing market, it can be easy to blow your budget.

That’s why you have to have a clear plan in place before you start looking for your next home, experts say.

“If you don’t go in with a clear budget in terms of what it is you can comfortably spend, you get attached — especially if you find a house that speaks to you,” said Philadelphia-based certified financial planner Jocelyn Wright, managing partner at PF Wealth Management Group.

“We have to be willing to walk away.”

More from Invest in You:
To get a low mortgage rate, your credit score matters. Here’s how to boost it
Young military families tap veteran benefits to buy homes


Tesla shares drop on report of steep May sales decline in China

Previous article

Monthly child tax credit a lifeline amid loss of unemployment benefits

Next article

You may also like

Leave a Reply

Notify of

More in Real Estate