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Tag Archives: First-Time Homebuyers

High Rents are Creating First-Time Homebuyers

Many would-be homebuyers cannot afford a down payment because they are putting so much money toward rent, while the reason they are putting so much money toward rent is they can't afford a down payment. A recent survey shows which way they might be leaning.

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New Bills Take Aim at Making Housing More Affordable

In response to the rapid home price appreciation the country has experienced in the last four to five years that is keeping many would-be first-time buyers out of the housing market, one U.S. Senator has drafted legislation that would provide access to affordable housing.

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First-time Homebuyers Flood the Market

According to the American Enterprise Institute’s International Center on Housing Risk, first-time buyer volume has jumped 18 percent since April of last year, totaling 98,000 first-time buyer loans for the entire month.

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