Florida dominates list of best markets for 1st-time homebuyers

Palm Bay, Cape Coral and Tampa top WalletHub’s list of the best markets for first-time homebuyers. However, a closer look at the rankings shows first-timers may need to sacrifice quality of life for affordability gains. Continue reading

It’s time to put American innovation to work for housing

America was built on innovation, yet we’ve thrown up our hands when it comes to our most intractable housing problems. As real estate experts, it’s time for us to get busy. Continue reading

First home? No problem! How to guide first-time homebuyers

In today’s highly competitive real estate market, first-time homebuyers need more assistance than ever, writes trainer and author Bernice Ross. Here you’ll find an exhaustive list of resources that you can use to help them win. Continue reading

Buying a home is hard. For first-timers, it’s never been tougher

Homes in the lower tier of pricing are still 8 percent more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow. Continue reading

This is where it takes the longest amount of time to save up for a home

In Glendale, California, a homebuyer with a median household income for the area can expect to save for 15.1 grueling years, compared to counterparts in Detroit, who will save for just 2.6 years. Continue reading

Agent Outlook: It’s harder than ever to get into the real estate market

This will go down as one of the most challenging years for non-owners who would like to enter the market to begin building equity. Livian’s Eric Forney offers insight and analysis as you navigate the challenges ahead. Continue reading

Always a bridesmaid, rarely a bride, first-time buyers make big return

First-time homebuyers now make up 45 percent of all transactions, up from 37 percent of all buyers in 2021, returning to pre-pandemic levels, according to new data from Zillow released Thursday. Continue reading

Is it cheaper for me to rent or buy in today’s market?

Give your first-time homebuyers the information they need to stay motivated to buy against rising prices, rents and rates. Homeownership is still key, according to trainer and author Bernice Ross. Continue reading

First-time homebuyers may be driving FHA, VA loan surge

Applications for government-backed purchase mortgages were up 4 percent week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the Mortgage Bankers Association. Continue reading

Finances first: Getting started with first-time homebuyers

Even with excellent credit and a good handle on their debt, when it comes to buying a home, especially the first one, homebuyers need a lot of additional help. Continue reading