first-time buyers Archive

First-time Buyers Experience a Revival in September

The last time sales to first-time buyers were as high as they were in September (34 percent), the number one song on the Billboard Hot 100 was “Call Me Maybe” by Carly Rae Jepson. That was back in June...

Pending Home Sales Tick Up in June

The anticipated boost of more buyers signing the dotted line did not come to fruition in June despite mortgage rates near all-time lows. Pulled higher mostly by a solid rise in the Northeast, pending home sales last month only squeaked...

Existing-Home Sales Keep Climbing…Can It Last?

This morning we reported that existing-home sales increased in June (1.1 percent) for the fourth straight month and remained at their highest annual sales pace since February 2007 (5.79 million). Almost every nook and cranny inside the data shows that it...

Inside the Release: Dissecting Where Sales Were the Strongest in March

What goes down must go up, right? That was the case in March as existing-home sales rebounded strongly (5.1 percent) following February’s surprisingly large decline. Diving into the numbers, while all four major regions saw increases, buyers in the...

Story Idea—Student Loan Debt Causes Homeownership Ripple Effect

For some time, housing industry experts have been discussing the impact of student loans on the ability of many to purchase a home, especially since the number of first-time homebuyers in recent years has dropped and remained lower than...
April 20, 2016

The Myth of the Millennial Homebuyer

They’re eschewing buying a home in the suburbs like the plague. They prefer their first home to be as close as possible to the nearest coffee shop or “hip” restaurant. Space? Who needs it. Who am I referring to?...
March 9, 2016

Recapping the Realtors® Confidence Index in 2015

Tomorrow’s release of January existing-home sales will reveal the first clues to how the housing market is holding up in 2016 amidst the global uncertainty and stock market volatility that has reared its ugly head in recent months. In...
February 22, 2016

Story Idea—Tax Time Can Be a Dream for Homeowners

Tax Time Can Be a Dream for Homeowners Homeownership is a wonderful thing. After all, home is where we make memories, build our futures, and feel comfortable and secure. In addition to that, homeownership holds many financial benefits. This...

Story Idea—Millennials to Remain Renters? Not if They Can Help It

Just about everyone in the housing industry has an opinion on the topic of whether millennials will ever want to give up renting and own homes like their parents. While the Millennial generation certainly faces more challenges than some...

NAR Credit Policy and First-Time Buyers

Realtors® have always believed in a safe, responsible and sustainable housing finance system where everyone who is willing and able to take on the responsibilities of homeownership has the opportunity to do so. Recent reports suggesting otherwise are grossly...
December 16, 2015