Tag Archives: First-Time Homebuyers

Even as mortgage rates edge closer to the 6% mark, homebuyers nationwide are faced with the prospect of low inventory, with new listings having fallen 21.8% year-over-year nationwide.

Continued low mortgage rates have not equated into a strong start to the spring homebuying season, as the MBA reports a decline in overall application volume after four consecutive weeks of increases.

A reluctance to sell means that increase has not yet translated to home sales, experts from Redfin report.

A new report found an upward trend in new homebuyer assistance programs amid difficult homebuying conditions.

All of the top-10 ranked cities for first-time buyers had ample inventory, short commutes, and more restaurants than average.

As the share of first-time buyers rebounds to pre-pandemic levels, Zillow analysts have determined the metros with the most favorable purchasing conditions.

The Department of Housing & Urban Development encouraged aspiring buyers to “stay ready” during the virtual event and also launched a dedicated webpage to connect people to pathways to homeownership.

The rise in mortgage rates and inflationary concerns are impacting new residential construction, as borrower costs continue to force many prospective buyers to the sidelines.

HUD has announced plans to prioritize its goal of advancing equity for all and addressing the need for affordable housing nationwide.

The housing market is currently in a tizzy—prices hit new records seemingly every day, while inventory sits near record lows. Even with the market in its current state, ...