Nearly 1 in 5 millennials have given up on homeownership
A new report from Apartment List finds that most millennials have no down payment savings and big disparities by race
National Guard troops deployed to fight COVID eligible for VA loans
The new law is a 'game-changer' for thousands of members who support states' pandemic response, as they will now have access to zero-down-payment mortgages
A family holding coins in the palms of their layered hands
Lender aims to help more than 60,000 low- and moderate-income homebuyers with low down payment mortgages, as well as down payment and closing cost grants
Rent-to-own startup Divvy scores $110M in latest funding round
The company plans to use the new capital to expand into new markets and launch additional products to create an end-to-end homebuying experience
The top 10 most and least popular metros for millennial homebuyers
Those born between 1981 and 1996 made up the majority of potential buyers in 43 out of the 50 largest markets
It takes more than a decade to save a 20% down payment in these 4 cities
Seven of the 10 hardest US cities to save for a home were in California, according to an analysis released Wednesday by RealtyHop of 125 of the nation's largest metros
by Marian McPherson Dec 9
Low interest rates spur new high for mortgage originations
During the third quarter, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years
by Lillian Dickerson Nov 18
Don't ignore renter leads! 6 steps for turning them into homebuyers
Helping renters become homeowners is about mindset — both yours and your clients'. Here's how to evaluate the renter leads you receive and convert them into homeowners when their lease expires
by Bernice Ross Nov 11
Today's homebuyers are twice as anxious as buyers from 5 years ago
Homebuyer sentiment has changed significantly over the past few months, from largely positive feelings before the start of 2020 to mostly negative ones in the ensuing months
by Lillian Dickerson Jun 15
Helping first-time buyers? Learn about down payment assistance
Don't let the lack of a down payment hold your first-time buyers back. As an agent, you can help them overcome this hurdle by utilizing down payment assistance programs
by Bernice Ross Jun 10
7 things your first-time buyer should know about getting a loan right now
Ohio-based loan officer Breon Price shares what your first-time buyers can do to increase their chance of approval despite tighter lending standards amid the coronavirus pandemic
by Marian McPherson May 14
48% of homeowners halted selling plans due to COVID-19 in April
According to Clever Real Estate's latest study, homeowners and homebuyers are altering their buying and selling plans to prep for a possible recession
by Marian McPherson May 12
32% of first-time buyers get financial help from a relative or friend: NAR
Limited income was the most cited factor holding back non-homeowners from saving, according to a new survey released Thursday by the National Association of Realtors
by Andrea V. Brambila Apr 17
LGBT Americans want to own homes, fear discrimination
Homeownership rates for LGBT Americans lag behind those of the broader population. A new report suggests fears of discrimination may be contributing to that difference
by Jim Dalrymple II Apr 8
How to give first-time buyers the low-down on down payments
Helping millennial homebuyers find the right loans for them
by Steve Cook Feb 25