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Avoid the Biggest Mistakes First Time Buyers Make

By Brian Kline | March 22, 2022
You’ve been daydreaming about buying your first home for many months - if not years. Now it is springtime, and your daydream has become a sunny summer afternoon watching the kids run through the sprinkler on your freshly mowed lawn. But there is also that pestering feeling of being a little overwhelmed with the big […]
Dystopian high rises
Featured News

Tough Questions Arise Out of An Unprecedented Affordability Crisis

By Phil Butler | June 22, 2021
Blackstone Real Estate just acquired affordability innovators Home Partners of America for $6 billion. Here's why this is big news.
Featured News, Housing

California proposes subsidy to cover almost half the cost of first-time buyer's homes

By Mike Wheatley | June 14, 2021
Lawmakers in California have come up with a dramatic new proposal that, if it comes into being, would offer hope to first time buyers that are struggling to find a home to buy in the state. California Senate Democrats have included a new program in a budget proposal unveiled last week that would massively subsidize […]
Home Buying, US Real Estate

First-timebuyers may consider moving to lower-cost areas as challenges mount

By Mike Wheatley | October 16, 2020
Younger people are facing a problem, with rising home pricing meaning that the down payment requirement is getting higher, and many are unable to afford it. The National Association of Realtors says the median home price in the U.S. is now $350,000, which means the average buyer would need to pay $70,000 as a deposit […]
Home Sales, US Real Estate

Millennials are driving the housing market rebound

By Mike Wheatley | September 1, 2020
Younger home buyers aged in their 20s and 30s, who were once seen as being reluctant to enter the housing market, are now driving its recovery during the COVID-19 pandemic, according to the Wall Street Journal. Even before the pandemic began, so-called millennials were starting to increase their home buying activity, accounting for more than […]
Residential

Fewer first-time buyers are married

By Mike Wheatley | February 18, 2020
The declining rate of marriage in the U.S. means that married couples no longer dominate the first time buyer landscape like they used to. Instead, many first time buyers are going it alone, while others are even partnering with friends in order to get a foot on the property ladder, according to new data from […]
Mortgage, US Real Estate

First time buyers increasingly turn to bank of mom & dad

By Mike Wheatley | January 31, 2020
A third of first time buyers have been forced to ask their families or friends for financial assistance in order to buy a home, the National Association of Realtors has revealed. Some 27% of first time buyers surveyed said they’re received a cash gift from family or friends, NAR data shows. Jessica Lautz, vice president […]
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