first time buyers Archive

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...

Repeat Buyers Making a Splash More Than First-Time Buyers

One way to examine changes in the housing market is to look at the prior living arrangements of buyers, specifically changes in the last decade. In 2015, 43 percent of all buyers rented an apartment or house before buying....
April 6, 2016

Hidden Demographics of First-Time Home Buyers

For the third year in a row, the percent of first-time home buyers in the pool of all home buyers has decreased to a historical low number, according to The National Association of REALTORS® Profile of Home Buyers and...

First-time Buyers: 32 Percent of Residential Sales in December 2015

The share of first-time home buyers increased slightly to 32 percent of residential sales in December 2015 (30 percent in November 2015; 29 percent in December 2014), according to the December 2015 REALTORS® Confidence Index Survey. Nationally, sales to...

Lackluster Home Building Hurts First-Time Buyers

Lawrence Yun for Forbes What is going on with home builders? Housing starts refuse to rise in any meaningful way, despite the ongoing shortage in the number of homes on the market and falling rental vacancy rates. What is...