Housing Wire

FEBRUARY 19, 2021

The first-time homebuyer process is a lengthy one, and if you’re not careful, there’s a lot that can throw you off-track. Then take steps to avoid these all-too-common first-time homebuyer mistakes: More for Real Estate Enthusiasts. A homebuyer’s guide to a competitive housing market. Low appraisals.

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Loans Loan Officer Closing costs Closing 532

Housing Wire

MAY 9, 2022

All six of the index’s components, which ask consumers whether it’s a good time to buy, sell, and in what direction mortgage rates will move, decreased from last month. A survey-high of 76% of consumers believe it’s a bad time to buy a home. Compared with the same period in 2021, the HPSI is down 10.5

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Marketing Mortgages Residential Finance 382

Housing Wire

NOVEMBER 4, 2022

The National Association of Realtors (NAR) released a report on Friday that found 88% of all first-time homebuyers in the U.S. The share of Black and Asian first-time buyers is down from 6% in 2021, while the share of white first-time buyers is up from 82% and Hispanic homebuyers up from 7%.

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Housing Wire

SEPTEMBER 21, 2022

So, if this time it’s different, what are the forces that will drive the housing market forward or hold it back? Affordability is a concern, especially among first-time homebuyers who do not have the benefit of equity from the sale of a home. The post What does the new normal for first-time homebuyers look like?

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Equity Mortgages Lending Marketing 449

Housing Wire

MAY 17, 2022

Orchard , which operates a home-buying and selling platform, wants to expand its customer base of first-time homebuyers by helping them to make a cash-backed offer. “It has never been more difficult for first-time buyers to purchase a home,” said Court Cunningham, chief executive officer of Orchard.

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Equity Loans Investor Mortgages 369

BAM Media

MAY 14, 2024

We’ve seen four consistent benefits to this email strategy: Higher Open Rates : When your email speaks directly to someone’s interests, like first-time buyers, they’re more likely to open it. For now, let’s focus on first-time homebuyers. The tricky part will be deciding which one to use first.

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Housing Wire

DECEMBER 14, 2020

Homebuyer , an Ohio-based software startup offering digital mortgages to first-time home buyers, announced on Monday it had snagged $1.4 The company was founded in 2019 by Dan Green, under the mission to make homeownership more inclusive and less expensive for first-time borrowers. The post Homebuyer snags $1.4

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Loan Officer Investor Mortgages Loans 317

Housing Wire

DECEMBER 10, 2020

The low interest rates continue to make conditions ideal for homebuyers.”. Michael Martin, broker and owner of Des Moines Realty Group , said that there has been an increase in new construction, with home price points ranging from $250,000 to $300,000, which also attracts first-time homebuyers. Presented by: MCS .

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Marketing New Construction Construction Sales 432

Seattle Times Real Estate

MAY 12, 2024

What the trinity of heavy demand, flagging supply and sharp interest rate hikes means for first-time homebuyers and the future of the city.

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Housing Wire

MARCH 12, 2021

Are you a first-time homebuyer ? Buying a home for the first time can be a daunting task. to determine which ones were least affordable for homebuyers. Here’s a look at the least affordable cities for first-time homebuyers in the United States: More for Real Estate Enthusiasts.

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Renovation Banks Finance Marketing 351

Housing Wire

MARCH 12, 2021

Millennials are a significant part of the housing market boom as first-time homebuyers. If you’re interested in becoming a first-time homebuyer, there are some things you need to know. 5 first-time homebuyer mistakes to avoid. Boost your FICO score first. Buying a home?

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Loans Design Finance Mortgages 433

Housing Wire

JULY 12, 2023

United Wholesale Mortgage (UWM) on Wednesday announced two new home-affordability mortgage products designed to help underserved borrowers become homeowners. UWM, America’s top mortgage lender, is offering Special Purpose Credit Programs (SPCP) for Fannie Mae ‘s HomeReady and Freddie Mac ’s BorrowSmart Geo-Target programs.

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Closing costs Finance Lending Development 367

Inman

MARCH 7, 2024

California to use lottery system to allocate $220 million in "Dream for All" shared appreciation loans that cover down payments for first-time homebuyers.

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Loans Finance Mortgages 173

Housing Wire

FEBRUARY 11, 2022

In 2021 one in two VA borrowers was a first-time homebuyer (FTHB). . And since 2017, VA purchase loans helped roughly 200,000-230,000 VA-eligible first-time home buyers per year become homeowners. . What was the credit profile of VA First-Time Home Buyers? appeared first on HousingWire.

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VA loan Loans Lending Finance 382

Housing Wire

JUNE 4, 2021

It takes time, money, energy, planning, money and more money to become a first-time homebuyer. Here’s a step-by-step guide to help you land the keys to your first home: More for Real Estate Enthusiasts. Boost your FICO score first. A homebuyer’s guide to a competitive housing market.

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Debt-to-income ratio FHA loan Loans Land 442

Housing Wire

JULY 30, 2021

The post How to be a Savvy First-Time Homebuyer appeared first on HousingWire.

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Housing Wire

JUNE 23, 2021

With low housing inventory and rapid home-price growth, homeownership can seem less and less attainable for several groups of potential homebuyers. HousingWire: What is the current state of the housing market for first-time homebuyers and communities of color? According to the Radian Home Price Index , home prices rose 9.2%

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Marketing Construction Industrial Mortgages 398

Keeping Current Matters

AUGUST 20, 2021

If you’re having trouble finding your first home, explore your options. The post Options for First-Time Homebuyers [INFOGRAPHIC] appeared first on Keeping Current Matters. It’s out there!

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Marketing 243

Inman

MAY 16, 2023

In today’s highly competitive real estate market, first-time homebuyers need more assistance than ever, writes trainer and author Bernice Ross. Here you'll find an exhaustive list of resources that you can use to help them win.

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Marketing Agents 146

RIS Media

JUNE 8, 2023

Despite the fluctuating housing market this past year, confidence levels remain high with 44% of potential homebuyers, up 12% from the previous year, indicating they are confident they’ll be financially ready to purchase in the coming year, according to a new report from Chase.

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Marketing As-is Lending Industrial 134

RIS Media

JANUARY 11, 2024

First-time homebuyers are optimistic when it comes to buying a home in 2024, with 61% indicating that now is a good time to buy, according to a recent realtor.com® And when it comes to investing in their first home, they may find the best luck in some unexpected places. In the report, realtor.com®

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Marketing Sales Industrial Agents 121

RIS Media

MARCH 14, 2024

First-time homebuyers have long faced a trifecta of high mortgage rates, low housing inventory and climbing home prices throughout much of the country, making homeownership a difficult journey.

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Loans Mortgages Industrial 117

RIS Media

MARCH 8, 2024

A new report from ICE found that despite the mortgage market challenges faced last year, first-time homebuyers made significant headway as they claimed 47% of government sponsored enterprise (GSE) purchase loans and 39% of all… The post Mortgage Mix: First-Time Homebuyers Make Headway as Mortgage Market Shifts appeared first on RISMedia.

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Mortgages Marketing Loans Industrial 118

Inman

AUGUST 23, 2023

Unburdened by rate lock, the share of first-time homebuyers rose to 50 percent this year, according to a new report from Zillow. That's the highest share since 2010.

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Sales Industrial Mortgages 140

RIS Media

MARCH 27, 2024

But according to new data from ICE Mortgage Technology, a record number of first-time homebuyers took out conventional loans last year despite the slowdown. million mortgages were… The post ICE: First-time Homebuyers Made Up 55% of Agency Purchase Loans in 2023 Despite Market Slowdown appeared first on RISMedia.

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Loans Marketing Technology Mortgages 119

RIS Media

SEPTEMBER 14, 2023

Editor’s Note: The Playbook is an RISMedia biweekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. First-time buyers have… The post THE PLAYBOOK: Helping Gen Zers Become First-Time Homebuyers appeared first on RISMedia.

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Industrial Agents Development Sales 122

Real Estate News

NOVEMBER 13, 2023

NAR’s annual Profile of Home Buyers and Sellers report revealed higher down payments, as more people reported living with friends or family before purchasing.

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Inman

APRIL 15, 2024

Changes set to take effect Aug. 1 are part of an ambitious plan to boost housing construction by 2 million and help renters save up for a down payment.

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Mortgages Construction 161

Keeping Current Matters

MAY 31, 2023

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better.

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Realty Biz

MARCH 13, 2024

Landing your first home is a thrilling and scary experience, especially if you are a newbie in the real estate industry. First-time homebuyer mistakes could be minor, or they can turn out to be serious financial disasters that turn this milestone into a nightmare.

Pre-approval 67

Pre-approval Inspection Mortgages Finance 67

Inman

OCTOBER 31, 2023

The "401(k) for homeownership" helps first-time buyers achieve their goals on the way to homeownership with 4.51 percent APY high-yield savings accounts, as well as educational tools and matching opportunities with agents and lenders.

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Agents Technology Mortgages 178

Calculated Risk Real Estate

MARCH 4, 2024

year low in January, shortening secondary market hedging times emphasis added Mortgage Originations “Purchase Dominant” Here is a graph of the number of loans for purchase and refinance since 1995 (includes a forecast for 2024).

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Loans Mortgages Lending Staging 113

Point2Homes

MAY 21, 2021

Fortunately, there are quite a few options to help you purchase your first home. Below, we’ll review first-time homebuyer loans and programs that will give you a better deal when you purchase a house. If you’re looking for a loan as a first-time homebuyer, the U.S. USDA Loans.

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Loans VA loan FHA loan Renovation 144

Real Trends

OCTOBER 16, 2023

In August, Zillow ‘s 2023 Consumer Housing Trends Report proclaimed that half of all homebuyers are purchasing their first home, the highest share that Zillow has ever recorded. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. It never will be.

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Agents Seller concession Closing costs Mortgages 99

RIS Media

JUNE 26, 2023

Since New York City is a renting town, the founder of Fox Residential Group often works with first-time buyers who are entering the market to the tune of well… The post Working With First-Time Homebuyers in the Luxury Real Estate Market appeared first on RISMedia.

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Marketing Residential Development Industrial 98

Keeping Current Matters

MAY 5, 2022

Buying your first home is a major decision and an exciting milestone.

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RIS Media

MARCH 12, 2024

From mundane tasks, such as forwarding mail and updating your license, to… The post 5 Home Maintenance Tasks for First-Time Homebuyers appeared first on RISMedia. However, there are certain tasks you should take care of before you settle into your new home.

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