First American Data & Analytics’ model reveals dip in potential home sales amidst climbing rates and limited affordability.
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Tagged: First-Time Homebuyers
September’s Housing Market Slows Amidst Rising Mortgage Rates, Echoes 1980s Trends
Persistent 7% Mortgage Rates Cause Slump In Homebuilder Sentiment
National Association of Home Builders/Wells Fargo Housing Market Index reveals the steepest decline in recent months.
Sep 19, 2023
First-Time Homebuyers Hit Highest Level Since 2010
Zillow report shows FTHB now make up 50% of all buyers
Aug 23, 2023
Is The Dream Of Home Ownership Fading?
94% say owning a home is part of the American dream; 51% fear they never will.
Aug 15, 2023
First-Time Homebuyers Need To Earn 13% More Income
Redfin reports average salary needed is $64,500, but there may be no starter homes.
Jul 28, 2023
UWM Expands Affordability Offerings For 1st-Time Buyers
Offering Special Purpose Credit Programs for HomeReady and Freddie Mac’s BorrowSmart Geo-Target.
Jul 12, 2023
Gen Z Homebuyers Prefer Utah: Study
LendingTree finds adult members of the generation are now first-time buyers.
Jun 06, 2023
CrossCountry Offers Down Payment Assistance For 1st-Time Homebuyers
Its Freddie Mac BorrowSmart Access offers borrowers in certain metros up to $3,000 that can be used toward a down payment and/or closing costs.
Apr 06, 2023
Rocket CFO Predicts First-Time Buyers Will Drive Market In 2023
Says they will benefit from an estimated 5% drop in sale prices.
Jan 23, 2023
Rocket Prepares Brokers For 2023
New Opportunities On The Horizon
Jan 18, 2023