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.
About author
You might also like
Residential Investment to Increase in 2015?
One of the most lucid commentators on housing market economics, Calculated Risk’s Bill McBride, see an increase in residential investment for 2014. As the charts in this blog post make
California Housing Crunch Prompts Push to Allow Building
By Chris Kirkham Marco Gonzalez spent more than a decade suing real-estate developers in California over housing proposals that would have spoiled wetlands and gutted hillsides. The environmental lawyer won
Why Falling Home Prices Could Be a Good Thing
By Conor Dougherty – Suppose there were a way to pump up the economy, reduce inequality and put an end to destructive housing bubbles like the one that contributed to
