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First-time buyers need to earn $64,500 to afford a typical starter home

Housing Wire

High mortgages and stubbornly elevated home prices are worsening the housing affordability crisis. A first-time homebuyer must earn roughly $64,500 per year to afford the typical U.S. starter” home, up 13% from a year ago, according to a new report from Redfin. home , assuming a 20% downpayment, rose 12.4%

Investor 370
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Home Loan Financing Advice For First Time Buyers

Maximum Exposure Real Estate

Would you like to learn some of the best mortgage tips for first-time homebuyers? Buying a home involves many lingoes the average consumer may not know or understand. Understanding the steps to buying a house is crucial.

Finance 125
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How to Safeguard a New Home: Security and Insurance Tips for First-Time Buyers

RIS Media

When buying your first home, there are many things to know and learn. … The post How to Safeguard a New Home: Security and Insurance Tips for First-Time Buyers appeared first on RISMedia. .… Making the right decisions can be complicated when you’ve never done these things.

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BiggerNews: 100% Financing for First-Time Home Buyers is HERE

Bigger Pockets

If you’re a first-time home buyer, now may be one of the best times to get a loan in recent history, according to mortgage advisor Jeff Welgan. With new no-money-down […]

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Home Insurance For First Time Buyers: What You Need to Know

Maximum Exposure Real Estate

First-Time Buyer Home Insurance Explained Are you looking for home insurance for your first home purchase? For first-time home buyers, navigating the homeowner’s insurance landscape can feel overwhelming, but protecting your new investment is crucial.

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What First-Time Home Buyers Really Want

Eye on Housing

Among first-time home buyers, a laundry room ranked as the most popular of the more than 200 home and community features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition. Read More ›

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Top 10 Priorities for First Time Home Buyers

Realty Biz

Navigating the real estate market as a first-time home buyer can seem like a daunting task. To help simplify this complex journey, we have compiled a list of the top 10 priorities for first-time home buyers. This means assessing your income, savings, and existing financial obligations.