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First-Time Homebuyers

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Michigan cities, lawmakers seek $800M for housing incentives

August 19, 2025 by bp56691
The program would provide up to $100,000 for new housing construction or up to $30,000 for repairs covering as much as 30% of costs.
Categories Affordability, Construction, First-Time Homebuyers, homebuilder, Homebuilder Confidence, Homebuilders, Homebuyers, Housing Inventory, Housing Market, HWmember, Michigan, Real Estate

Inside Real Estate puts forth AI-powered home search platform

August 18, 2025 by bp56691
Users can type requests such as “show me craftsman style homes in the Riverland neighborhood under $600k” or “I want granite countertops.”
Categories Agent, Artificial Intelligence, Brokerage, First-Time Homebuyers, Homebuyers, HWmember, New listings, Real Estate, Real Estate Agents, Real Estate Listings, Technology

Bright MLS: Housing market shifts toward necessity, balance

July 25, 2025 by bp56691
The survey found that nearly 75% of agents had buyers pause their home search — an increase from less than two-thirds in Q2 2024.
Categories Affordability, Bright MLS, First-Time Homebuyers, Home Sales, Homebuyers, Housing Market, Housing Market Data, HWmember, Mortgage Rates

Phillip Cantrell’s book offers blueprint for real estate entrepreneurship

July 17, 2025 by bp56691
Phillip Cantrell — founder and CEO of Benchmark Realty — says the inspiration for writing the book stemmed from a desire to give back.
Categories Affordability, Brokerage, First-Time Homebuyers, Housing Inventory, HWmember, Real Estate, Real Estate Agents, United Real Estate

Survey: Down payment concerns delay homeownership for many

July 3, 2025 by bp56691
Among those who are postponing or not planning to purchase, one-third cite insufficient income as the primary obstacle.
Categories Affordability, Down Payment Assistance, First-Time Homebuyers, Home Prices, Homebuyers, Housing Market, national association of realtors, NeighborWorks America, Real Estate

NAR: Homebuyers still have down payment misconceptions

June 30, 2025 by bp56691
NAR: Homebuyers still have down payment misconceptions
One of the most persistent misconceptions among aspiring homeowners is that a 20% down payment is required to buy a home.
Categories Affordability, Down Payment Assistance, FHA loan, First-Time Homebuyers, Homebuyers, Housing Market, HWmember, national association of realtors, VA Loan

Stable mortgage rate environment reshapes how LOs engage with borrowers

June 26, 2025 by bp56691
In a rare period of rate stability, lenders say that borrower mindsets — not numbers — may unlock market momentum.
Categories Federal Reserve, First-Time Homebuyers, Homebuyers, HWmember, LendingLife, Loan Officer, Mortgage, Mortgage Rates, Origination, Refinancing

Aspiring buyers turn to Realtors first in their home searches: survey

June 25, 2025 by bp56691
A NeighborWorks America survey found that prospective homebuyers turn to Realtors first for information about the homebuying process.
Categories First-Time Homebuyers, Homebuyers, Homebuying, HWmember, NeighborWorks America, Real Estate, Real Estate Agents, Realtor

How to think about home prices for the rest of 2025

June 16, 2025 by bp56691
How to think about home prices for the rest of 2025
Home sales have continued to disappoint through the peak buying season and are only now just showing some growth over last year.
Categories Altos, Data & Visuals, Existing home sales, First-Time Homebuyers, Home Prices, Home Sales, Homebuyers, Housing Inventory, Housing Market, Housing Market Data, Mortgage Rates, New Home Sales, Pending Home Sales

ERA Real Estate franchise affiliate announces Texas partnership

May 12, 2025 by bp56691
The combined firms now represent 111 agents who handled 1,563 transactions and $738 million in sales volume in 2024.
Categories Brokerage, First-Time Homebuyers, HWmember, Partnerships, Real Estate, Real Estate Agents, Texas
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