Tag Archives: First-Time Homebuyers

Another Top-10 List — Best Cities for 1st-Time Homebuyers

Buying the first home, other than perhaps marriage, is one of the top decisions that many people make in their life up to that point.  A mountain of factors contribute to the decision including economic, financial, personal taste and alternatives.  Almost all first-time buyers have to buy within a reasonable distance of their job(s).  But …Read more

Existing Home Sales in June 2017 Up Slightly Year-Over-Year But Down 1.8 Percent Sequentially from May, Median Price Continue Strong Ascent

Existing home sales were up an ever-so-slight 0.7 percent in June 2017 versus a year ago, but fell 1.8 percent on a seasonally-adjusted annualized rate (SAAR) from May to 5.52 million according to the National Association of Realtors® (NAR).   Raw monthly home sales in June 2017 (not seasonally adjusted), at 601,000 single family, townhouse, condominium …Read more

Hottest Spring 2017 Suburb Housing Markets

Just as the flowers appear in the Spring, likewise sprout housing sales. Flowers appear earlier and grow faster in some areas compared to others. Ditto housing. So where are the hottest suburban markets this Spring? To answer that, Realtor.com analyzed suburban housing markets across the country. As urban housing prices exploded, one-half of home buyers …Read more

Another Top-10 List — Best Housing Markets for Millennials

Millennials today make up the largest population cohort ever recorded in U.S., with an estimated 83 million in the 18 to 34 year old range. While many industry observers note that Millennials are not becoming homebuyers as did past generations, they also need to consider than their largest age group within Millennials is 24 years …Read more

Another Top-10 List — Best Markets for 1st Time Homebuyers, and Worst

Earlier this week, HousingWire had an article telling first-time homebuyers (Millennials) in Dallas, Texas that they should just adjust to being renters since land and development costs make a sub $200,000 new home almost impossible. To read the article click http://www.housingwire.com/articles/36878-hey-dallas-millennials-better-get-used-to-renting As I have written in the past, home builders continue to face three headwinds …Read more