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Those with equity in a home can trade up more easily, while many first-time homebuyers are still stuck on the sidelines.
OKLAHOMA CITY — First-time buyers facing high home prices, high mortgage interest rates and limited inventory are struggling to make their dream of home ownership come true.
The Canadian Press on MSN1d
Seniors rarely downsize — here's why that's hurting first-time homebuyersRealtor Barry Lebow specializes in helping seniors downsize — moving out of the family homes they've lived in for decades to ...
As buyers become more selective and homes sit longer, agents say educating sellers and getting creative is key.
Home sales dropped 2.7% last month to a seasonally adjusted annual rate of 3.93 million units, the National Association of ...
Rising construction costs—driven by inflation, supply chain disruptions, and labor shortages—as well as higher regulatory ...
The cost burden has been particularly difficult for first-time homebuyers to bear, contributing to the slowdown in household growth. The homeownership rate "fell most sharply for the youngest ...
The typical homebuyer's down payment has shrunk by 1% year-over-year according to a new report from Redfin RDFN. This is the first annual decline in almost two years. Median down payments now sit ...
While slight, this is the first time the housing market has seen a year-over-year decline in down payments in two years. However, when looking at down payments in terms of percentages, the typical ...
Homebuyer down payments have started to dip, a sign that those who are using loans to help finance their purchases are shifting their focus to less expensive homes. New research published by Redfin on ...
The wider selection of homes on the market likely helped boost sales among first-time homebuyers. They accounted for 34% of sales last month, the highest level since July 2020, but that is still ...
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