Biden set to propose $5K tax credit for first-time buyers

The President will reveal a set of new housing initiatives during the State of the Union address on Thursday that will include a tax credit of $5,000 per year for two years to first-time homebuyers and a one-year tax credit of up to $10,000 to househol… Continue reading

She owns it: How agents can engage the single woman buyer

New Inman contributor Bobbie Wasserman offers insights for attracting and assisting single women buyers to maximize their ever-increasing purchase power. Continue reading

7 ways to hook first-time buyers (before they’re ready to buy)

First-time buyers may not be ready to purchase a home right away, but with a little patience you can turn them into lifelong clients. Keller Williams Head of Inclusion and Belonging Julia Lashay Israel offers insights on providing education and informa… Continue reading

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

US existing-homes sales plunge in April as inventory climbs above 1M

Economic headwinds and booming interest rates pushed sales down by 3.4% in April as inventory soared 7.2% above March, according to National Association of Realtors data released Thursday Continue reading

The top 10 friendliest US cities for first-time homebuyers right now

What’s the matter with Kansas? Not a thing as Wichita shot to the top of Zillow’s analysis of the 10 friendliest cities for first-time homebuyers on Thursday. Midwestern cities fared well overall. Continue reading

NAR chief economist predicts ‘strong rebound’ in 2024

Lawrence Yun said home prices will rise 1 percent and sales will dip 7 percent next year before recovering in 2024, in contrast to a Fannie Mae forecast last month that predicted falling prices in 2023. Continue reading

Share of first-time buyers plummets to lowest level since 1981: NAR

Rising home prices, mortgage rates and inflation slashed the share of first-time buyers down to 26 percent — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981. Continue reading

4 ways to help first-time homebuyers map out their way to a new home

Many agents get overwhelmed thinking about first-time homebuyers. The transactions can be complicated and filled with unexpected twists and turns. Director of Publishing April Murphy of Keller Williams Realty has just the map you need to get your clien… Continue reading

Newly launched Pairadime is betting on the future being fractional: Tech Review

Pairadime is an extensive educational resource on fractional home buying, or co-ownership. Continue reading