For Millennials, 20 Percent Down Is a Tall Order
Between college debt, rent and stagnant wages, budgeting for a home is a lofty task—and when it comes to the down payment, millennials are less likely to meet the recommended standard, according to research by Zillow. Forty-three percent of homebuyers overall had 20...
First-Time Homebuyers Meeting Overlapping Pressures
With the affordability crunch difficult to overcome, first-time homebuyers are increasingly struggling, according to the 2018 Profile of Home Buyers and Sellers by the National Association of REALTORS® (NAR). Thirty-three percent of buyers this year were buyers fresh...
Challenged by a Down Payment? The Easiest Markets to Save For
One of the biggest challenges for first-time homebuyers is saving. Coming up with a down payment is a hurdle for the majority of millennials, shows study after study—but, there are areas where the average earnings are enough to save sufficiently, according to an...
First-Timers: Better Chances in Colorado and Texas
The housing market today is unprecedented, and buyers are contending with cost pressures and short supply—but, according to a recent report by WalletHub, there are cities where conditions are more favorable for first-time homeowners: Broken Arrow, Okla. Tampa, Fla....
How to Convert More Buyers to Sold in a Fast Market
Panicked due to lack of inventory? Frustrated by losing sales to the competition? Cleve Gaddis recently shared 12 tips to help buyer's agents create more sales by providing greater value.
Read them here.
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