The American dream is synonymous with two ideas. One is the idea that anyone in this country can find a path to economic success regardless of their circumstances at birth. The second idea is the ...
Demand from first-time home buyers has hit record lows with mortgage rates stuck near 7%. One corner of the market shows it is worryingly weak even with rates at 5%. Big home builders such as D.R.
A new study is listing the best markets for first-time homebuyers based on factors including affordability, availability, amenities and economic health.
The dream of homeownership is fading for millions of Americans. Figures from the National Association of Realtors (NAR) show that only 24% of housing sales last year were by first-time homebuyers — ...
New vehicle prices remain high, but new car buyers still have choices. Luxury used cars also offer options that include important safety features. Buying a first vehicle can be a challenge. Chances ...
The youngest U.S. homebuyers aren’t so young anymore, as a forbidding market turns first-time house hunting into an activity for people nearing 40. “No one in their young 20s are buying homes,” said ...
For the first time on record, the median age of a first-time homebuyer in America is 40 years old, up from 38 last year. That milestone isn’t just a housing statistic. It’s a warning sign for the ...
“It’s kind of a shocking number,” said an economist with the National Association of Realtors. By Julia Carpenter The path to homeownership continues to get longer, with the median age of first-time ...
First-time homebuyers are typically defined as those entering the market who’ve never owned a home. However, anyone who has not owned a home for the last three years also qualifies as a first-timer.
Buying your first home is a major milestone. However, it comes with major financial responsibilities, including protecting your home with homeowners insurance. While many first-time buyers focus on ...