Return of the First-Time Homebuyer?

Return of the First-Time Homebuyer?

Lawrence Yun, Chief Economist of the National Association of Realtors, sees 2015 as a potential turnaround point for the return of the first-time homebuyer. While the recovery thus far has primarily been concentrated on the upper end of the market, Yun cites factors such as stronger job creation, loosening mortgage underwriting standards and the return of 3% mortgage products as reasons why first-time homebuyers could come back in larger numbers in 2015.

Read More

Previous KB Home Stock Hammered
Next Lennar Tops Earnings Estimates

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Housing Market

The GOP Tax Plan Has The Real Estate Industry In Panic

Two powerful trade associations slammed the GOP’s tax plan on Thursday, saying the reduction of a key benefit for homeowners could hurt the market.

Housing Market

7 Years Later: The Housing Bust Appears Bigger Than The Boom

Looking at the US economic landscape as it stands, it appears that in many parts of the country, the fallout from the financial crisis has been cleaned up.