First-time home buyers have returned to the housing market and those who can afford a home are finding success after years of setbacks. The share of buyers purchasing a home for the first time has rebounded to pre-pandemic levels. First-time ...

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First-time home buyers represent 45% of all buyers, up from 37% of all buyers surveyed last year.  Repeat buyers may be disproportionately pulling back from the market due to rising mortgage interest rates.   The rebalancing market may especially benefit first-time ...

Tagged with: first-time homebuyers

By Trevia Hunter, Keller Williams Ballantyne-Area Agent  So, you’ve decided to dip your toes into the waters of home ownership! If you’re a first-time homebuyer, who has made the decision to stop paying rent and start building equity, following are ...

Tagged with: first-time homebuyers

Dear Carrie: I’m 35 and would really like to buy my first home. I’ve saved a pretty good chunk for a down payment, but I still worry that I’ll get in over my head. How can I know for sure ...

Tagged with: first-time homebuyers

Despite solid interest in buying a home – sparked by steady job gains, record low mortgage rates and higher rents – the severe drought in housing supply in much of the country over the past year accelerated price growth and ...

Tagged with: first-time homebuyers

April’s new home sales figures shined a light on a long-growing problem in the housing market: homebuilders aren’t breaking ground on the kind of houses that will alleviate supply-side pressure. Last month, the median new home price was $309,200, down ...

Tagged with: first-time homebuyers

The pace of home sales has picked up over the past year, but there have been a few key market sectors of buyers who are MIA when it comes to this recovery – first-time buyers and single women. But those ...

Tagged with: first-time homebuyers NAR