As the average age of homebuyers rises, "many Americans still see the ideal of having a home belongs to them," Realtor.com's Laura Eddy says.
Tagged: First-Time Homebuyers
With sales slow, new reports gauge top markets for first time homebuyers and purchaser priorities
Clever Real Estate found 94% of buyers who negotiated with the seller were able to bring down costs
The NAR Chief Economist offers a blended forecast for 2025 and 2026
Improved profitability expected for largest nonbank mortgage lenders — if higher origination volumes actually materialize.
Fannie Mae says boost to popular index arrived prior to recent jump in mortgage rates to 7%
Rentership rates geolocate markets where borrowers can still find affordable homes — and where they can't find any.
As lock-in effects persist, an era of concentrated demand among first-time homebuyers overlaps with an era of increasing unaffordability.
The report noted a 5% increase in programs for first-generation homebuyers
Roughly 40% of new builds are going to first-time homebuyers, but larger firms have more success reaching this group of buyers.