Uptick in First-Time Homebuyer Activity
With a number of factors contributing – low mortgage rates, improving economy, easing credit requirements, slowing price appreciation, higher rents – it appears that first-time homebuyers are moving off the fence and buying again. Both anecdotal reports and statistical measures seem to confirm that this dynamic is beginning to take hold, although it remains to be seen whether the activity is a blip or a more meaningful trend.
About author
You might also like
Developers Build on Home Rental Success With Whole Communities
Property developers are pouncing on sustained demand for stand-alone home rentals by taking a big step: Building entire single-family neighborhoods designed for renters. When the housing market crashed, investors took
Mortgage Standards Set to Loosen
In what could potentially be a major catalyst for the housing market, new guidelines – meant to provide greater clarity as to when Fannie Mae and Freddie Mac can force
Homeowners Have More in Equity, But Mood Soured by Rising Mortgage Rates
Home prices have been rising for 53 straight months, lifting millions of borrowers from underwater on mortgages. In the first three quarters of 2016 alone, howeowners added $837 billion in
