Results for First Time Buyers

This year is the one when the stars are aligned perfectly for record numbers of tenants to tear up their leases and kiss the renting life goodbye. Historically low mortgage rates won't last much longer. Home prices will only rise. New 3 percent down programs from Fannie and Freddie sweeten the deal for new buyers. FHA's mortgage insurance premium cut makes FHA affordable again. Incomes are up.

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.

Existing home sales, as reported by the National Association of Realtors (NAR), increased 1.1% in June to the highest level since February 2007, as first-time buyers grabbed a 33% share, the best p…

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. 

Pending home sales, or signed contracts, rebounded a bit in December, despite rising mortgage rates and “alarmingly low” inventory levels, according to an update out today from the National Association...

The vast majority of first-time home buyers say a lack of funds for a down payment is the main reason why they're yet to make a move in the property market,

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

Low interest rates and strong demand are a winning combination for construction firms.

Older homes have charm, but new homes have more updated infrastructure.

Higher FHA fees continue to block too many first-time buyers from home ownership, and a change is needed, writes the CEO and president of Realogy Holdings Corp. in an op-ed piece for the American Bank

California is tough for those hoping to purchase their first home.

Next year will be a big one for the residential real estate industry with home sales increasing to 5.5 million units, up from 5.3 million units this year, according to the National Association of Realtor's Chief Economist Lawrence Yun.

The share of real estate sales claimed by first-time homebuyers reached 35 percent in the National Association of Realtors' most recent Profile of Home Buyers and Sellers. That represents the highest level since 2013 and an upswing from 2015's 30-year first-time buyer low (32 percent).

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.