Existing-home sales rose in May to their highest pace in nearly six years, largely attributed to a big rise in the number of first-time home buyers.
First-time home buyers are emerging as a bigger force in the housing market. Here are three common mistakes they need to avoid.
First-time home buyers have been a sluggish segment of the housing market in recent years, but a Barclays analyst gives three reasons why he is betting on their return.
Find out which cities hold some of the best deals for first-time home buyers.
Some home buyers plan to cover the extra costs of home ownership by taking on a tenant in a multi-unit home.
In general, first-time homebuyers overpay on their home purchases—particularly when compared to more experienced buyers, according to a paper released by the Federal Housing Finance Agency [1] on Monday
According to the FHFA’s Staff Working Paper 17-03, “ Under What Circumstances do First-time Homebuyers Overpay? An Analysis Using Mortgage and Appraisal Data [2]” by Jessica Shui and Shriya Murthy, first-time buyers technically pay less on their…
The size of the typical home is shrinking, which may be a sign that a wider array of buyers, including first-timers, are returning to the market.
Today’s first-time home buyers are bypassing the “starter home” and instead buying larger homes that meet their needs now and in the future. And, they don’t plan to move a
Older homes have charm, but new homes have more updated infrastructure.
California is tough for those hoping to purchase their first home.
Don’t let negotiation tactics scare you away from buying the home of your dreams. Here’s what you need to know when negotiating as a first-time buyer.
Second homes can be relaxing retreats or smart investments. If you’re considering purchasing a second home, here are some things you must know.
Processing delays have taken their toll on first-time home buyer interest in short sales, which now account for more than one of every six house sales, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. First-time home buyer purchases of short sales dropped to 39.7 percent of short sale transactions in August. That represented …
Community banks have upped their lending to first-time home buyers and more and more are making mortgage loans on their own without the help of wholesalers, according to the American Bankers Association.
Given how critical first-time homebuyers are to the housing system the Urban Institute says it is important to accurately measure how present they are in the market. The National Association of Realtors® (NAR) has consistently said that such homebuyers...
A soon-to-be-released study from Zillow Group that shows 53 percent of all buyer sales in 2016 were to first-time buyers. Learn how to tap into that here.
The ability to save for a down payment is no longer the biggest hurdle for first-time homebuyers. According to a new housing report from Fitch Ratings, there’s a new problem that’s creating an even bigger roadblock—inventory shortages. This is what the report says is being done to fix the problem.
Taking the first steps to find the perfect home? Here are several open house tips for first-time buyers to figure out if it’s the place for you.
While open houses seem pretty casual, savvy buyers know that checking out a home isn't just about aesthetics or a quick view. In today's hot market, you might not get another look before making an offer.