New Year, New Home: What to Know Before Buying a House This Year

By Megan & Erl Brown | Realtor Team

The start of a new year is one of the most popular times to think about buying a home—and for good reason. Fresh goals, renewed motivation, and a desire for change make January the perfect time to start planning your next move. If buying a home is on your list this year, here’s what we recommend to help you start strong and stay ahead of the market.

1. Get Clear on Your Goals

Before you dive into listings, take time to define what this move is really about. Ask yourself:

• Is this your first home, or are you upgrading?

• Are you buying for lifestyle, investment, or both?

• How long do you plan to stay?

Clear goals now will save you time, stress, and second-guessing later.

2. Review Your Financial Picture

The new year is a great time to reassess your finances.

• Check your credit score

• Review savings for your down payment and closing costs

• Create a realistic monthly housing budget

Getting organized early helps you move quickly and confidently when the right home comes along.

3. Get Pre-Approved Early

Pre-approval is one of the strongest advantages a buyer can have. It shows:

• Exactly what you can afford

• What your estimated monthly payment will be

• How competitive your offer will be

Sellers take pre-approved buyers more seriously—especially early in the year when motivated sellers are paying close attention.

4. Understand the Local Market

Early-year markets can offer unique opportunities, including:

• Less competition from other buyers

• Motivated sellers with year-end goals

• Potential for stronger negotiations

As local agents, we help our buyers understand pricing trends, inventory levels, and the best timing for their specific area.

5. Separate Must-Haves from Nice-to-Haves

Knowing what you truly need versus what you can live without keeps emotions in check. Common must-haves include:

• Location or school district

• Number of bedrooms

• Commute time

Nice-to-haves are often cosmetic features that can be updated later.

6. Assemble the Right Team

Buying a home is easier—and far less stressful—when you’re supported by the right professionals:

• A trusted real estate team

• A knowledgeable local lender

• A reliable home inspector

Your team is there to guide you, protect your interests, and help you avoid costly mistakes. We help our clients connect with great local lenders and home inspectors.

7. Plan for the Full Cost of Homeownership

Beyond your mortgage, remember to budget for:

• Property taxes

• Insurance

• Maintenance

• Utilities

Planning ahead helps you enjoy your new home with confidence and peace of mind.

Bottom Line: The new year is a powerful time to buy a home. With the right preparation, guidance, and strategy, your goal of homeownership can absolutely become a reality this year.

If buying a home is part of your New Year plan, we’d love to help you get started. Reach out today and let's make a plan for 2026!