Tag Archives: First-Time Homebuyers

First-time homebuyers made up more than a third of national home sales in 2016, but still saw a greater share of deals for homes fall through than experienced buyers.

Recent analysis indicates that first-time homebuyers may run into some affordability issues in 2017. Still, many markets are expected to be friendly to those who are just now entering the housing market.

Here are some of the trends predicted for housing next year, including affordability, what will drive demand, and the top markets based on price appreciation and sales gains, according to one analysis.

Potential first-time homebuyers are facing an uphill battle, and here is why.

A push from first-time buyers reversed a two-month decline in existing-home sales in the previous report from the National Association of Realtors. Will first-time buyers drive existing-home sales again? The industry will find out this week when NAR releases the latest existing-home sales data.

First-time buyers are viewed by many economists and analysts as critical to increasing the homeownership rate, but they may run into problems if current trends continue.

The pace of home sales has risen over the last two years due to the increasing role of two key segments that have recently been absent from the homebuyers' market.

The average age range of the first-time home buyer has been skewing younger since the start of the new millennium.

Less competition heading into the fall has meant more opportunities in the existing-homes market for first-time buyers. What effect is this having on existing-home sales?

Mortgage bankers are optimistic about first-time buyers driving growth for 2017 despite some uncertainty in the market, according to a survey.