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to take to find the right home in today’s market.

Those steps should include working with your lender to ensure all your finances are in order to help you lock in the best rate possible, how much you

are pre-approved for, and what a realistic max spend is if you find yourself competing for a home.

Take a Hard Look at Wants vs. Needs

In this competitive environment, virtually everything has changed from the homebuying market we were in prepandemic.

While the pandemic

did motivate many people to remodel or upgrade their homes for more space, inflation has joined forces with rising home prices to make these options increasingly difficult.

Many companies that operated remotely during the pandemic are now returning to various degrees of home and office working environments, while countless frontline and essential employees have been going into their work locations all along.

This shift could open new possibilities for homebuyers who have some flexibility in what they want in a home. Nearly half of potential homebuyers surveyed said purchasing a movein ready home was a top priority, which could leave homes that may need a little TLC, but

not necessarily a full remodel, available for buyers willing to roll up their sleeves or take a patient approach to modifying a new home just how they want it.

By taking these measures, you can confidently bid on homes knowing your entire homebuying team has your back, has prepared you to be as attractive a buyer as possible, and is ready to act

quickly on your behalf.

Jeffrey M. Ruben, president, WSFS Mortgage, joined WSFS through its acquisition of Array Financial, a full-service mortgage banking organization, and Arrow Land Transfer in August 2013. Ruben formed Array and Arrow in 2005, having previously held senior executive roles at financial and legal institutions.