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First-time homebuyers battling rapid decline in affordability: Numbers 'just not working' Atlanta Federal Reserve reports US households have to spend nearly 43% of their monthly income to afford ...
More first-time buyers rely on mortgage rate buydowns to afford homes The share of buyers who are first-timers has declined from 40% to 24% since 2008 February 1, 2025, 9:00am by Kennedy Edgerton ...
Washington, DC, July 23, 2025-Existing-home sales decreased by 2.7% in June, according to the National Association of ...
Demand for mortgages was down 17%, led by a sharp decline in refinancing. While overall purchases were down, government loan activity showed that first-time homebuyers were still active as ...
With more first-time homebuyers in the market, we continue to see increased sensitivity to rate changes,” Joel Kan, MBA’s vice president and chief economist, said in a statement.
The survey also revealed first-time homebuyers are willing to spend more on their first homes, with 40% citing they plan to spend $300,000 or more, up 9% from last year. There’s Still More to ...
WalletHub and SmartAsset released their rankings of the best U.S. cities for first-time home buyers. Cities in Florida, Texas ...
Meanwhile, sales to first time homebuyers fell from 33% a year ago down to 27% in January. Under more normal conditions, first time homebuyers would make up about 40% of sales, says Yun. There ...
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These Wisconsin cities are among the best for first-time homebuyersSome Wisconsin cities are the best for first-time homebuyers, according to studies from SmartAsset and WalletHub. Appleton is ...
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