First-time buyers are snapping up available properties at a brisk pace, now making up 50% of all current homebuyers, according to new data from Zillow.
Read More »What Cities are Best for First-Time Buyers?
Realtor.com ranked top markets to find which are great for first timers on a wide variety of metrics.
Read More »Zillow Predicts 2023 Midwest Housing Boom
The Midwest did not experience the same price surges other areas of the country have experienced since the beginning of the pandemic.
Read More »First-Time Buyers Giving Housing Market a Boost
The share of first-time homebuyers rose in August, posting a strong year-over-year gain that brought market share up to pre-pandemic levels.
Read More »Five Months of Existing-Home Sales Declines
For the fifth consecutive month, existing-home sales dropped as three of the four major geographic regions of the country experienced month-over-month declines. On a yearly basis, sales sank in all four regions. All-in-all, total existing home sales for June 2022—which ...
Read More »Outlook: Buyers and Inventory Will Return by 2024
Now is a great time to own a home, but not so much if you are trying to buy one. First-time buyers are fighting a war on multiple fronts, trying to balance rising home prices and interest rates with near ...
Read More »Housing Market Squeezing First-Time Buyers
First-time homebuyers are still getting the worst of a tight housing market, despite that they want in. But for those who can afford it, buying is getting easier.
Read More »Why Are Agency Purchase Loans Becoming Even Riskier?
The riskiness of agency purchase loans has increased year-over-year every month since January 2014. What is driving the constant rise in risk?
Read More »First-Time Buyer Mortgage Share and Risk Indices Edge Up in June
The first-time buyer share in April, May, and June was launched to new highs, supported by improvements in the labor market, riskier mortgage lending, and continuing low mortgage rates. The American Enterprise Institute International Center on Housing Risk recently released a report, finding that first-time buyers account for 58.8 percent of primary owner-occupied home purchase mortgages with a government guarantee, up from 57.2 percent the prior June, according to the Agency First-Time Buyer Mortgage Share Index.
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