Blog Archives

Challenged by a Down Payment? The Easiest Markets to Save For

One of the biggest challenges for first-time homebuyers is saving. Coming up with a down payment is a hurdle for the majority of millennials, shows study after study—but, there are areas where the average earnings are enough to save sufficiently, according to an analysis recently released by RealEstate.com. The easiest market? Chicago, where the average […]

The post Challenged by a Down Payment? The Easiest Markets to Save For appeared first on RISMedia.

First-Timers: Better Chances in Colorado and Texas

The housing market today is unprecedented, and buyers are contending with cost pressures and short supply—but, according to a recent report by WalletHub, there are cities where conditions are more favorable for first-time homeowners: Broken Arrow, Okla. Tampa, Fla. Centennial, Colo. Boise, Idaho Grand Rapids, Mich. Thornton, Colo. Frisco, Texas McKinney, Texas Cary, N.C. Gilbert, […]

The post First-Timers: Better Chances in Colorado and Texas appeared first on RISMedia.

Drought Intensifies for Starter Supply

There is all-but-dried up inventory on the market—and, for buyers at the entry level, any available homes are likely priced out of reach, according to the March Zillow® Real Estate Market Report. “This year’s home-shopping season is shaping up to be even crazier than last, and, sadly, the group that will have the hardest time […]

The post Drought Intensifies for Starter Supply appeared first on RISMedia.

Disenfranchised First-Timers: Solving the Need for Entry-Level Housing

This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses the affordable housing shortage, and potential solutions. Moderator Christina Pappas, District Sales Manager, The Keyes Company, Miami, Fla.; Liaison for Large Firms & Industry Relations, NAR Panelists Bill Plattos, Executive Vice President, First Team Realty, Orange County, Calif.   Dan Forsman, President & CEO, […]

The post Disenfranchised First-Timers: Solving the Need for Entry-Level Housing appeared first on RISMedia.

Buyers Confronting ‘Perfect Storm’: Trulia

First-time homebuyers are in for it this spring, with an all but depleted inventory at their price point, according to the Q1 2018 Inventory and Price Watch from Trulia. Their challenges, however, are more than scarcity. “First-time homebuyers face a perfect storm this spring,” says Cheryl Young, senior economist at Trulia. “Affordable, move-in ready starter […]

The post Buyers Confronting ‘Perfect Storm’: Trulia appeared first on RISMedia.

Buying for the First Time? Look Southeast

Buyers fresh to the market are necessary—often, as a catalyst for other transactions. Currently, first-timers are in limbo, unable to afford or compete against the demand for scarce supply. At the entry level, there were 17.1 percent fewer options for sale at the beginning of this year than at the start of 2017, and first-timers […]

The post Buying for the First Time? Look Southeast appeared first on RISMedia.

First-Time Homebuyers Are Knocking: Are They Being Let In?

First-time homebuyers are eager to enter the housing market. Getting in the door is another story. First-time homebuyers accounted for 34 percent of sales this year, less than the 35 percent share in 2016 and off an average 39 percent historically, the NAR 2017 Profile of Home Buyers and Sellers shows. First-timers bought costlier, but […]

The post First-Time Homebuyers Are Knocking: Are They Being Let In? appeared first on RISMedia.

First-Time Homebuyers: Your Time Is Now

Fall is for first-timers. Seventy of the top 100 largest metropolitan areas see more starter homes on-market in October, November and December, relieving prices 4.8 percent over spring, according to the recently released Trulia Inventory and Price Watch. The most dramatic shifts—in favor of first-time homebuyers—in prices and supply are out West, in Arizona, California, […]

The post First-Time Homebuyers: Your Time Is Now appeared first on RISMedia.

Call Now Button