St. Louis, The Arch, Missouri
First-time homebuyers made up half of all homebuyers in St. Louis in 2023, according to Zillow. That's the highest share the city has seen since at least 2017
by Ben Verde Apr 5
2024 Spring Outlook: Another tight market, this time with extra anxiety
As the first day of spring arrives, 3 economists shared with Inman why headwinds will continue to plague the housing market in 2024, long after a recovery was expected to revive US home sales
by Marian McPherson Mar 19
Biden proposes $5K tax credit for first-time buyers in SOTU address
The set of new housing initiatives also includes a 1-year tax credit of up to $10K to households that sell their starter home. NAR applauded the president's commitment to aiding the industry
She owns it: How agents can engage the single woman buyer
New Inman contributor Bobbie Wasserman offers insights for attracting and assisting single women buyers to maximize their ever-increasing purchase power
by Bobbie Wasserman Jan 3
7 ways to hook first-time buyers (before they're ready to buy)
Keller Williams Head of Inclusion and Belonging Julia Lashay Israel offers insights on providing education and information that converts would-be buyers into long-time clients
Florida dominates list of best markets for 1st-time homebuyers
Palm Bay, Cape Coral and Tampa top WalletHub's list of best markets for 1st-time homebuyers. But a closer look at the rankings shows buyers may sacrifice quality of life for affordability gains
by Marian McPherson Jul 18
US existing-homes sales plunge in April as inventory climbs above 1M
Economic headwinds and booming interest rates pushed sales down by 3.4% in April as inventory soared 7.2% above March, according to National Association of Realtors data released Thursday
by Marian McPherson May 18
The top 10 friendliest US cities for first-time homebuyers right now
What's the matter with Kansas? Not a thing as Wichita shot to the top of Zillow's analysis of the 10 friendliest cities for first-time homebuyers on Thursday. Midwestern cities fared well overall
by Ben Verde Dec 8
NAR chief economist predicts 'strong rebound' in 2024
Lawrence Yun said home prices will rise 1% and sales will dip 7% next year before recovering in 2024, in contrast to a Fannie Mae forecast last month that predicted falling prices next year
by Andrea V. Brambila Nov 14
Share of first-time buyers plummets to lowest level since 1981: NAR
Rising home prices, mortgage rates and inflation cut the share of first-time buyers to 26% — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981
by Marian McPherson Nov 3
4 ways to help first-time homebuyers map out their way to a new home
The road to becoming a first-time homeowner is filled with challenges for buyers and agents. Planning a well thought out route for these special transactions can help both you and your client stay on course in any type of market
by April Murphy Sep 7
Newly launched Pairadime is betting on the future being fractional: Tech Review
Opinion
The company has worked with legal professionals, agents and done the research to become a valuable partner to the industry on what could very well become the best new way to own property
by Craig C. Rowe May 20
End in sight for inventory crisis? Yes, but experts can't agree on when
While 38% of experts polled by Zillow believe 2024 will be the year inventory returns to 2019 levels, 36% pegged 2023 as the year. The remainder believe we'll have to wait until 2025
by Ben Verde Mar 24
Hurry up or wait: The big question on every buyer's mind this spring
Just as homebuyers have learned to navigate soaring prices, sinking inventory and bidding wars, the housing market has reached a new level of madness. Will it all boil over this spring?
by Marian McPherson Mar 14
Ownly brings 'click to buy' simplicity to new construction: Tech Review
With more people buying sight unseen and fighting to get offers accepted, buying new construction becomes a worthwhile consideration. Now imagine how much more attractive buying new becomes when builders actually meet the buyer halfway
by Craig C. Rowe Mar 14