More news that coincides with National Home Improvement Month: First-time buyers pumped quite a bit more money into renovations in 2016 than they did the previous year, and they're especially keen on installing smart technologies.
Tag Archive: first-time buyers
March 29, 2017 • Posted in Industry Surveys & Studies
Student loans and high housing costs are posing challenges for both millennials and Gen Xers, but income gains and a thriving economy helped more of them become homeowners last year, prompting a modest improvement in first-time buyer activity.
February 16, 2017 • Posted in Industry Surveys & Studies
The vast majority of Americans who don't own a home want to purchase one in the future, although affordability is a primary concern. The down payment, however, may not be as big of a hurdle as many first-time buyers believe.
January 23, 2017 • Posted in Weekly Real Estate News Roundups
Here's a bit of timely news for potential Bay Area homebuyers who are sitting on the fence: Rising mortgage rates could cost you up to an extra $450 per month when they reach 5 percent. Get these and other headlines of note in Pacific Union's weekly Real Estate Roundup.
January 4, 2017 • Posted in Market Forecasts
Home price appreciation in the San Francisco and San Jose metro areas is expected to more than double the national rate this year, while rising mortgage rates will shut more first-time buyers out of the housing market.
December 19, 2016 • Posted in Weekly Real Estate News Roundups
If Bill Gates and Warren Buffett pooled their fortunes, almost every home in San Francisco could be theirs. And while first-time buyers face several challenges, 2017 may be kinder to them. Get the latest news of note in Pacific Union's latest Real Estate Roundup.
November 8, 2016 • Posted in Industry Surveys & Studies
First-time homebuyers have been busier in 2016 than they were the previous year, getting a boost from both wage growth and mortgage rates that are still hovering near record lows.
October 3, 2016 • Posted in Weekly Real Estate News Roundups
California's housing affordability issue has caused quite a few Golden State residents to cash out and move to less expensive regions of the country over the past 15 years. The Bay Area's shortage of affordable housing has caught the attention of The White House, which has offered suggestions about how to solve the crunch. Check out these and other notable headlines in our weekly Real Estate Roundup.
August 16, 2016 • Posted in Industry Surveys & Studies
The majority of today's first-time buyers would prefer to forgo starter homes for properties that will meet their future needs, and almost all of them are willing to make sacrifices in order to realize their homeownership dreams.
August 1, 2016 • Posted in Weekly Real Estate News Roundups
Home sellers in two Bay Area cities are pulling in the largest gains in the nation, while Facebook is offering up another plan to help ease Silicon Valley's critical housing crunch. Check out these stories and other headlines of note in our weekly Real Estate Roundup.
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