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 »BofA Launches Program to Help Clear Hurdles for Minority Homeowners
Bank of America announced its Community Affordable Loan Solution, as a new Special Purpose Credit Program that introduces zero down payment, zero closing cost mortgage solution for first-time ...
Read More »Overcoming Housing Affordability Hurdles
Cake Mortgage CEO David Abelyan shares his perspective on what needs to be done in the market to help alleviate the affordability issue, and what products are ideal to assist first-time buyers. Â
Read More »The Median Home Now Costs a Record $416,000
The National Association of Realtors’ latest Existing Home Sales Report shows that home prices have now increased for 124 consecutive months.
Read More »Experts Predict a Slow Inventory Climb Back to Pre-Pandemic Levels
While listings are beginning to trickle back to the market, it is going to take a long time to fill the current inventory deficit.
Read More »First-Time Homebuyer Market Rebounds in Q3
Analysis found the share of homeowners entering the market grew in the quarter, but are down payments still a hurdle?
Read More »Hope for First-Time Buyers
As rates climb back toward historic norms, homes are now becoming more sensitive to changing mortgage interest rates. Find out how this may work in first time buyers' favor.
Read More »First-Time Buyers Struggling to Enter the Market
A swirl of debts and harsh realities is keeping more first-time buyers out of the American Dream. But there are encouraging signs amid the chaos of a dry housing market.
Read More »Millennials Take Practical Approach to First-Time Homeownership
Millennials are taking a more feasible route on the journey to homeownership, according to one survey.
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