All of the top-10 ranked cities for first-time buyers had ample inventory, short commutes, and more restaurants than average.
Read More »First-Time Homebuyers Return to Market in Droves
"First-time buyers now appear to be making relative gains as high mortgage interest rates disproportionately encourage current homeowners to stay put," said Manny Garcia, Zillow Population Scientist.
Read More »First-Time Homebuyers Shut Out by Affordability
While the trend of low rates continues, first-time homebuyers are finding that a decline in supply and higher prices are impacting this segment of the market.
Read More »The Makings of a First-Time Homebuyer
A homebuyers’ journey takes many stages during the course of their life. From renting to owning, the characteristics of homebuyers change, and Liberty Street Economics and the Federal ...
Read More »The Great Property Divide
Editor's note: This piece originally appeared in the April edition of the MReport, available online. As winter turns to spring, people begin to reflect on their lifestyle and ...
Read More »Buying Like It’s 1999
According to a recent report, the second quarter of 2017 revealed first-time homebuyers purchasing homes at the highest rate during a second quarter since 1999. What could be fueling this buying frenzy?
Read More »New Couch Syndrome: The Real Deal
First-time homebuyers spend their money differently than experienced homebuyers after they move, according to a new study conducted by the National Association of Home Builders (NAHB). Using data ...
Read More »First-Time Homebuying: The Information Gap
A recent study found that there’s a disparity between first-time homebuyers and experienced homebuyers. But what sets them apart? And how much do they actually differ?
Read More »The 20 Percent Downpayment: A Thing of the Past?
Recent data hints that the 20 percent downpayment may not be entirely necessary anymore. First-time homebuyers are increasingly pursuing different vehicles to obtain their dream of being a homeowner. They also account for almost half the total homes purchased in the first quarter of 2017, a number which continues to rise.
Read More »Evolving to Serve the Millennial Homebuyer
Outside of pockets of extreme growth such as Silicon Valley, today’s consumers seem to be holding onto their money rather than putting it into a home. In response, the mortgage industry must evolve to reach the first-time homebuyer, and understanding millennials is the key.
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