Tag Archives: first-time homebuyers

Bubble Trouble: The impending burst is mythical at best

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For those who believe an impending doom is on the horizon, here is some bad news: It’s not going to happen. In this second of two opposing opinion pieces on the housing crash, Matthew Gardner shares why we won’t see any mythical bubble bursting. Continue reading →

10 tips for working with picky homebuyer clients

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Buying a home is one of the biggest financial decisions of a person’s life. Being a good agent means offering your expertise and honest opinions to your clients. It also means understanding how to deal with tough buyers while maintaining a healthy work… Continue reading →

Low credit scores are biggest barrier for women, minority buyers

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OJO Labs’ latest homebuyer survey found that Black homebuyers were three times more likely to have a credit score below 660, which inhibits access to down payment assistance programs and agent support. Continue reading →

Lawmakers, economists worry home price growth will ‘choke off’ buyers

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Economists told Politico the yearslong imbalance of demand and supply will come to a head this year as first-time buyers give up on homeownership. Continue reading →

Share of first-time buyers reaches highest peak since 1993

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According to a market report by Genworth Mortgage Insurance, the number of first-time homebuyers exceeded 2 million for the third consecutive year. Continue reading →

Stagnant homeowners are creating an inventory catch-22

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A new study by Redfin revealed the average homeowner in 2019 has lived in their home for 13 years, a five-year increase from 2009. Continue reading →

5 tips that’ll put your first-time buyers at ease (and get you stellar reviews)

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If you’ve got buyers who’ve decided to make the massive leap from renter to owner, and you’re trying to build a business on repeat and referral clients, give all of your first-timers these five tips. You’ll be their agent for life. Continue reading →

3 ways real estate agents can help renters become homeowners

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Here’s how three real estate agents in three distinct markets — New York City, Chicago and Fargo — are helping renters make their dreams come true. Continue reading →