First-timers made up 45% of buyers in 2022 and 37% in 2021.
The post Half of all buyers are first-timers in 2023 appeared first on Atlanta Agent Magazine.
Category: first time home buyers
Can’t Afford a Down Payment? Rent-to-Own Companies Promise To Help, but Are They Worth the Risk?
For homebuyers struggling to come up with a down payment, rent-to-own programs promise to help. But they can be financially risky.
The post Can’t Afford a Down Payment? Rent-to-Own Companies Promise To Help, but Are They Worth the Risk? appeared first on Real Estate News & Insights | realtor.com®.
Who’s Buying All the Houses? New Survey Reveals the Top Competition Right Now
In such a heated market, where there were many more homebuyers than homes for sale, it’s smart to understand the competition.
The post Who’s Buying All the Houses? New Survey Reveals the Top Competition Right Now appeared first on Real Estate News & Insights | realtor.com®.
Affordability Alert! Here Are the Top 10 Towns Where First-Time Buyers Can Finally Snag a Home in 2022
Despite the high prices and fevered bidding wars, first-time homebuyers can become homeowners. They just need to know where to look.
The post Affordability Alert! Here Are the Top 10 Towns Where First-Time Buyers Can Finally Snag a Home in 2022 appeared first on Real Estate News & Insights | realtor.com®.
Will Rising Mortgage Rates Make Homebuying More Expensive—or Less?
Real estate experts argue over whether rising mortgage rates will keep home prices in check—or make it more expensive to purchase a home.
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The Death of the Starter Home: Where Have All the Small Houses Gone?
Unlike past generations that were able to find affordably priced starter homes, today’s first-time buyers are struggling to find similar entry-level homes.
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‘The Fever Has Broken’: Is the Housing Market Frenzy Really Going To Cool Off This Fall?
This fall, the white-hot housing market is expected to continue to cool like the temperatures outside. Here’s what that will mean for buyers and sellers.
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The Best Week of the Year for Homebuyers To Purchase Property
Homebuyers have been faced with sky-high prices, epic bidding wars, and a historic inventory shortage. But if they wait a little longer, they may get an edge.
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‘Marriage or Mortgage’: Nichole Holmes Reveals Why Real Estate Trumps Romance
“Marriage or Mortgage” star Nichole Holmes helps engaged couples choose between a home and a huge wedding—and explains why the house is the right choice.
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Lots of Homes Under $100K Are for Sale, but Most Buyers Can’t Get One for This Reason
The COVID-19 pandemic has made it more difficult for borrowers to find lenders willing to make small-dollar mortgages of $100,000 or less.
The post Lots of Homes Under $100K Are for Sale, but Most Buyers Can’t Get One for This Reason appeared first on Real Estate News & Insights | realtor.com®.