Though first-time homebuyers face multiple challenges in today's housing market -- including rising interest rates, strong appreciation, and critically low inventory levels -- that group was busier than it has been in 13 years in the first half of this year.
Tag Archive: first-time homebuyers
The inaugural month of 2018 continued U.S. housing market trends observed over the past few years: further deteriorating inventory -- particularly for entry-level homes -- and more price appreciation.
San Jose and San Francisco once again had the most equity-rich homeowners in the U.S. in the third quarter. In other news, lenders think more first-time homebuyers will enter the market next year with the help of low-down-payment mortgages. Get these and other hot housing headlines in Pacific Union's weekly Real Estate Roundup.
Lingering student loans are causing younger Americans to make important life sacrifices, including postponing a home purchase.
June 25, 2015 • Posted in Home Sales Volume & Inventory Conditions
Thanks in part to a healthy job market, first-time buyer activity is on the upswing and helped propel U.S. existing home sales to the highest level in five-and-a-half years last month.
November 6, 2014 • Posted in Homebuyer Trends
A combination of factors is keeping many younger Americans out of the real estate market, pushing the level of first-time homebuyer activity to its lowest level since the 1980s. And in the Bay Area, which has some of the most expensive home prices in the country, first-time buyers face even bigger challenges.
Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that rental rates have stalled after investors bought millions of homes and converted them into rental properties. Also, the tight supply of available homes is holding back sales nationwide.
News this week of interest to homebuyers, home sellers, and the home-curious: A limited supply of homes is holding back sales in Western states, even as the West posted strong sales results for October. The Federal Reserve, meanwhile, says housing markets across the country are improving, especially in the West.
Sign Up for Daily Blog Updates
Receive daily blog posts from Pacific Union in your inbox.
Sign up for Monthly Market Updates
Receive monthly real estate news from Pacific Union in your inbox.