ICE: First-time Homebuyers Made Up 55% of Agency Purchase Loans in 2023 Despite Market Slowdown
The housing market in 2023 was brutal. Mortgage approvals and home sales hit a 30-year low as mortgage rates soared ...
Tag: First-Time Homebuyers
ICE: First-Time Homebuyers Account for Record 47% of GSE Purchase Loans in 2023
First-time homebuyers have long faced a trifecta of high mortgage rates, low housing inventory and climbing home prices throughout much ...
First-Time Buyers See More Mortgage Offers in 2023
First-time homebuyers have been struggling through the housing market in recent years. Many challenges have locked them out, creating little ...
Economists Weigh in on the Future of First-Time Buyers
Although we're in the midst of a market correction, the future of the housing market is still up in the ...
Freddie Mac Expands Assistance for Very-Low-Income Purchase Borrowers
Freddie Mac announced that potential homebuyers earning 50% of area median income or less are eligible for a $2,500 credit ...
The Best Cities for Gen Z to Buy a Home
At 21% of the current U.S. population, older Gen Zers (ages 18-27) are making their way into the world. With ...
Survey: The 10 Best Markets for First-Time Homebuyers in 2024
First-time homebuyers are optimistic when it comes to buying a home in 2024, with 61% indicating that now is a ...
California REALTORS® Help Forge Path to Homeownership
The California Association of REALTORS®' (CAR) has announced that its Housing Affordability Fund (HAF) will provide another $500,000 in closing ...
As Gen Z Enters Home-Buying Years, Shifts in the Market Will Follow
Five days after his 19th birthday, and just a few months after receiving his high school diploma, Nelson Jett graduated ...
THE PLAYBOOK: Helping Gen Zers Become First-Time Homebuyers
Editor’s Note: The Playbook is an RISMedia biweekly segment centering on what brokers and agents are doing to ensure they ...
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