Tag Archives: first-time homebuyers

Finances first: Getting started with first-time homebuyers

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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 →

Americans know more about Kim Kardashian than homebuying

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Nearly 90 percent of Americans know how many children Kim Kardashian has, but fewer than 33 percent know how to get pre-approved for a mortgage, according to a new survey from Zillow. Continue reading →

How do we help first-time homebuyers without driving up costs?

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More and more lower-income or even middle-class households are going to be renting the American dream. This is bad for the economy and it should be a red flag for our industry. Continue reading →

Fueled by climbing mortgage rates, existing-home sales rise again

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The median existing-home sales price, meanwhile, soared 13.9 percent year over year in November as inventory plunged 13.3 percent, according to data released Wednesday by the National Association of Realtors. Continue reading →

Zillow listings now link buyers with down-payment assistance info

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The Seattle-based home portal has added a new listing feature that connects a buyer with details about down-payment programs in their area. Continue reading →

2021 on pace to tally biggest year in existing-homes sales since 2006

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Inventory across all housing types fell 0.8 percent from the month previous and 12 percent year over year to 1.25 million units. Nonetheless, home sales are expected to exceed 6 million by the end of the year. Continue reading →

Knock’s GO mortgage offers appraisal coverage and cash-offer close certainty

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Knock GO, which stands for Guaranteed Offer, is a “cash-like” conventional mortgage product that allows buyers to write an offer on a home without including a financing contingency. Continue reading →

The homebuyer in 2021? Middle-aged, married and college educated

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Zillow Group’s 2021 Consumer Housing Trends Report breaks down what buyers looked like in 2021, what they wanted most and how that compared to previous years. Continue reading →

How to reach stalled homebuyers

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Whether they’re ready to spend their quarantine savings or are restarting an abandoned home search, here’s how to talk to these eager buyers. Continue reading →

First-time buyers still eager, despite snags on path to homeownership

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A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals. Continue reading →