Close to one-third of first-time home buyers (32%) were between 25 and 34 years old, while one-fourth (25%) were between 35 ...
Meanwhile, people who already own homes are accruing huge amounts of equity, thanks to soaring values and low prepandemic mortgage rates. That allows them to make larger down payments and all-cash ...
As housing remains scarce, pricey, and out of reach, the share of first-time home buyers has hit an all-time low.
First-time homebuyers in the U.S. are fewer and older than they were in previous decades, a new report by NAR shows.
But the newest cohort of homeowners — particularly those who bought newly constructed homes — may be facing the biggest ...
Buyers of newly built homes are sometimes shocked to see their property-tax bills skyrocket after the first year. Americans' property-tax bills have risen sharply in recent years. But the newest ...
Avoiding costly mistakes when applying for a mortgage as a first-time buyer is not easy. From ignoring credit scores until the last minute to unrequited loyalty to one bank, there are a host of traps ...
Investors are increasingly outbidding first-time homebuyers by paying premiums above market value, despite high interest rates. This trend has doubled investor activity since 2020 and is reshaping the ...
Nigel Gilbert receives funding from the Economic and Social Research Council. He is a Fellow of the Royal Academy of Engineering. Corinna Elsenbroich receives funding from UKRI. She is a member of the ...
MADISON, (WKOW) — Prospective homeowners gathered at The Atrium at the Village on Park for a workshop aimed at first-time buyers. The free event, held on Saturday, was organized by the City of Madison ...
Even in this fall’s cooling market, demand outpaces supply — but these buyers haven’t given up. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but ...
Justin Madders said the ‘exploitative model’ should no longer be accepted by councils as part of planning applications.