First Time Homebuyers In Snohomish

In this video, we break down everything you need to know as a first-time homebuyer—what the average home price looks like, what your monthly payment might be, and how much household income you'll need to afford a home in this growing market.
We'll also share insights on:✅ The best neighborhoods for first-time buyers✅ Growth forecasts and why home prices aren't coming down✅ How to balance affordability, commute, and location
Stop waiting for the 'perfect time'—get the facts, get prepared, and let’s help you make homeownership a reality! 🌟

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00:00 – 00:43 - Intro
00:44 – The Impact of Equity vs. First-Time Homebuyers
01:38 – Understanding Home Prices in Snohomish County
02:42 – What $850k Gets You in Different Areas
04:57 – Monthly Payments for an $850k Home
06:10 – Rent vs. Buy
07:03 – Low-Priced Homes
11:00 – Building Wealth
12:34 – Debt-to-Income (DTI) and How It Affects Your Homebuying Ability
15:40 – Income Requirements
17:01 – Snohomish County Growth Forecast: Why Prices Aren’t Going Down
19:22 – What You Need to Consider When Buying Your First Home
20:13 – Next Steps
21:39 – Outro

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🤔 Thinking of Buying or Selling a Home in Snohomish County? 🤔
📲 Call or Text: 425-620-2651
📧 Email Us: [email protected]
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🌐 The Novak Team Website:
https://novakteam.com/
🌐 Meet Mike and Rachael Novak
www.MeetTheNovaks.com

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Zillow Premier Agents ⭐⭐⭐⭐⭐ Our Client Testimonials:
https://www.zillow.com/profile/REALNo...

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*Some stats, data, and facts mentioned in the video came from the following sources and are not based our opinions

*All other stats, data, house pricing, and anything else mentioned is always subject to change and provided as an example at the time of this recording

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