first time buyers Archive

Attic, Garage, Or Basement. Oh My!

Buyers come from a variety of living arrangements before purchasing a home. Some rented the space they end up purchasing, others owned their previous residence, and others lived with parents or relatives before buying. Since 1989 the Profile of...

Sales to First-Time Buyers: 33 Percent of Sales in June 2016

First-time homebuyers appear to be getting back into the market more strongly with interest rates moving down to new lows. First-time buyers accounted for 33 percent of residential sales in June 2016, up from the 30 percent share in...

Sales to First-Time Buyers: 30 Percent of Sales in May 2016

The share of first-time home buyers accounted for 30 percent of residential sales in May 2016 (32 percent in April 2016; 32 percent in May 2015), according to the May 2016 REALTORS® Confidence Index Survey Report.[1] REALTORS® have reported that...

Highlights of April 2016 REALTORS® Confidence Index Survey

Market conditions vary across local markets, but the REALTORS® confidence and traffic indices indicate that overall housing market activity slightly improved in April 2016 from April 2015. Compared to one year ago, housing market activity was essentially unchanged.[1] REALTORS®...

Private Mortgage Insurance

 Buying a home with a down payment of less than 20 percent can be expensive, but it just got cheaper for some home buyers. Many private mortgage insurers have dropped the rates they charge high quality borrower. Combined with...