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First-Time Homebuyers

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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

Lenders witness surge of mortgage demand this week

May 9, 2025 by bp56691
New American Funding’s Patty Arvielo shared that Tuesday was NAF’s best day for applications in three years. Can it continue?
Categories Data & Visuals, First-Time Homebuyers, HWmember, Mortgage, Mortgage Applications, Mortgage Bankers Association, New American Funding, Patty Arvielo, Purchase Applications, Refinancing

NAR: Home prices are up in 83% of metros

May 8, 2025 by bp56691
NAR: Home prices are up in 83% of metros
According to the National Association of Realtors, 189 of 228 metro areas saw an uptick in the median price for a single-family home.
Categories Affordability, California, Data & Visuals, First-Time Homebuyers, Home Prices, Homebuyers, Housing Market, HWmember, national association of realtors

Reba McEntire joins Realtor.com marketing campaign targeting struggling homebuyers

May 5, 2025 by bp56691
The campaign incorporates sitcom-style ads that draw on real experiences and attempt to ease the emotional toll of the homebuying process.
Categories Affordability, First-Time Homebuyers, Homebuyers, HWmember, Marketing, Real Estate, Realtor.com

Homebuyers made record down payments in 2024

March 27, 2025 by bp56691
For all of 2024, buyers put down an average of $29,900, or 14.4% of the purchase price, marking the highest figures since tracking began.
Categories Affordability, FHA loan, First-Time Homebuyers, Homebuyers, Housing Market, HWmember, Mortgage

Single women homebuyers are outpacing single men by a 2-to-1 ratio

March 8, 2025 by bp56691
NAR data for 2024 revealed that 62% of homebuyers are married couples, 20% are single women and 8% are single men.
Categories First-Time Homebuyers, Homebuyers, Homeownership, Housing Market, HWmember, national association of realtors
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