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“Many buyers, first-time buyers, or entry-level buyers, instead of just looking at single-family homes or existing homes, are ...
More and more would-be homebuyers are hitting the pause button, with those who do pull the trigger more likely to be buying ...
First-time homebuyers battling rapid decline in affordability: Numbers 'just not working' Atlanta Federal Reserve reports US households have to spend nearly 43% of their monthly income to afford ...
The age of first-time homebuyers climbed last year while their share of the market fell to an all-time low, according to data released Thursday by the National Association of Realtors (NAR). NAR ...
More first-time buyers rely on mortgage rate buydowns to afford homes The share of buyers who are first-timers has declined from 40% to 24% since 2008 February 1, 2025, 9:00am by Kennedy Edgerton ...
Mortgage applications continued to fall last week, slipping to the lowest level in 20 years amid rising interest rates.However, mortgage applications from first-time homebuyers actually increased ...
The Canadian Press on MSN3d
Seniors rarely downsize. Here’s why it hurts first-time homebuyersExperts say it's a myth that seniors who own their homes are keen to downsize to fund their retirements, when the reality is ...
So, first time homebuyers are getting locked out of the market," he said. "Straight-up buyers are locked in because they'd have to sell the home with a low mortgage rate and buy a home with a ...
With more first-time homebuyers in the market, we continue to see increased sensitivity to rate changes,” Joel Kan, MBA’s vice president and chief economist, said in a statement.
In 2018, first-time buyers made up 46% of the share of all buyers. Part of the reason that the share of first-time shoppers is rising is because fewer repeat buyers are pulling out of the market.
In several states, new-construction homes are emerging as the more affordable option compared with existing homes.
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