Always a bridesmaid, rarely a bride, first-time buyers make big return
First-time homebuyers now make up 45% of all transactions, up from 37% of all buyers in 2021, returning to pre-pandemic levels, according to new data from Zillow released Thursday
by Lillian Dickerson Oct 13
Is it cheaper for me to rent or buy in today’s market?
Give your buyers the information they need to stay motivated to buy against rising prices, rents and rates. Homeownership is still key
by Bernice Ross Sep 6
First-time homebuyers may be driving FHA, VA loan surge
Applications for government-backed purchase mortgages were up 4% week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the Mortgage Bankers Association
by Matt Carter Aug 24
Finances first: Getting started with first-time homebuyers
Opinion
Even with excellent credit and a good handle on their debt, when it comes to buying a home, especially the first one, homebuyers need a lot of additional help
by Ellen Sykes Jul 6
Americans know more about Kim Kardashian than homebuying
Nearly 90% of Americans know how many children Kim Kardashian has, but fewer than 33% know how to get pre-approved for a mortgage, according to a new survey from Zillow
by Marian McPherson Jun 17
How do we help first-time homebuyers without driving up costs?
Opinion
More and more lower-income or even middle-class households are going to be renting the American dream. This should be a red flag for our industry
by Chris Drayer May 5
Teaching first-time homebuyer seminars can boost your business. Here's how
When cultivated properly, first-time homebuyers can be a major long-term win for real estate agents and their businesses
by Arielle Hays Mar 7
Work with first-time buyers? Turn them on to Gravy, a down payment savings app
Real estate agents who work with first-time buyers or who use buyer education seminars as marketing tactics could deftly leverage this app to stay connected to participants
by Craig C. Rowe Mar 4
First-time homebuyers: These are the top housing markets of 2022
Magna? Chalco? Mauldin? Realtor.com rounded up the best markets for first-time homebuyers in 2022 and found that the best housing markets for first-time buyers are under the radar
by Lillian Dickerson Jan 10
housing market
The median sales price, meanwhile, soared 13.9% year over year in November as inventory plunged 13.3%, according to data released Wednesday by the National Association of Realtors
by Lillian Dickerson Dec 22
Zillow listings now link buyers with down-payment assistance info
The Seattle-based home portal has added a new listing feature that connects a buyer with details about down-payment programs in their area
by Daniel Houston Dec 15
2021 on pace to tally biggest year in existing-home sales since 2006
Inventory across all housing types fell 0.8% from the month previous and 12% year over year to 1.25M units. Nonetheless, home sales are expected to exceed 6 million by the end of the year
by Lillian Dickerson Nov 22
Knock's GO mortgage offers appraisal coverage and cash-offer close certainty
Knock GO, which stands for Guaranteed Offer, is a 'cash-like' conventional mortgage product that allows buyers to write an offer on a home without including a financing contingency
by Craig C. Rowe Oct 4
The homebuyer in 2021? Middle-aged, married and college educated
Zillow Group's 2021 Consumer Housing Trends Report breaks down what buyers looked like in 2021, what they wanted most and how that compared to previous years
How to reach stalled homebuyers
Whether they’re ready to spend their quarantine savings or are restarting an abandoned home search, here’s how to talk to these eager buyers
by Christy Murdock Aug 10