first-time homebuyer | firsttuesday Journal

Today’s first-time homebuyers are priced out of buying — and also renting

by Carrie B. Reyes | Apr 17, 2022 | Economics, Home Sales, Property Management, Real Estate | 1

As first-time homebuyers try to muscle their way into today’s highly competitive housing market, many are finding themselves priced out of buying — and renting, too.

First-time homebuyers and households of color most impacted by interest rate hikes

by Carrie B. Reyes | Apr 4, 2022 | Economics, Home Sales, Interest Rates, Real Estate | 0

Absent a decrease in demand (unlikely), first-time homebuyers, and particularly homebuyers of color, stand to lose the most from 2022’s rising interest rates.

Brokerage Reminder: Don’t forget the home warranty!

by ft Editorial Staff | Mar 4, 2022 | Brokerage Reminder, Reader Polls, Real Estate, Your Practice | 1

A weekly reminder to stay on top of your practice!

California’s declining population: the worst way to fix the housing shortage

by Carrie B. Reyes | Dec 13, 2021 | Economics, Home Sales, Real Estate | 1

Here in California, real estate professionals are dealing with insufficient building — and people are heading for the door.

Career Coach: first-time homebuyer considerations

by ft Editorial Staff | Oct 11, 2021 | Feature Articles, Real Estate, Your Practice | 0

The following is an excerpt from the new edition of the firsttuesday Career Manual, a best practices guide to help new real estate licensees establish their personal brands and boost income. In this excerpt, we discuss considerations for agents when dealing with first-time homebuyers.

Down payment gifts and the bank of mom and dad

by Amy Platero | Jun 21, 2021 | Economics, Fair Housing, Laws and Regulations, Real Estate, Recessions | 0

Down payment gifts from parents help young adults become homeowners faster, but they prevent skin in the game.

POLL: How many of your clients are first-time homebuyers?

by ft Editorial Staff | Aug 25, 2020 | Reader Polls, Real Estate | 0

How many of your homebuyer clients are first-time homebuyers? 25% or less (66%, 23 Votes) 75% or...

First-time homebuyers prefer lower interest rates to bigger tax breaks

by ft Editorial Staff | Mar 23, 2020 | Interest Rates | 0

Fortunately for real estate participants of all types, mortgage interest rates are at an all-time low in March 2020.

Obstacles holding back renters from homeownership

by Carrie B. Reyes | Sep 10, 2019 | Home Sales | 0

Most renters report a number of obstacles are holding them back from buying a home.

A more cautious, secure generation of first-time homebuyers is emerging

by Carrie B. Reyes | Jul 16, 2019 | Finance | 0

In 2019, ten years after the conclusion of the recession, young adults are finally reaching a recovery.

New bill encourages some first-time homebuyers with tax credit

by Oscar Alvarez | Jun 4, 2019 | Laws and Regulations, Pending Laws, Real Estate | 0

AB 1590 would offer a $5,000 tax credit to qualified first-time homebuyers.

Would-be homebuyers and the 20% down payment misconception

by Carrie B. Reyes | May 21, 2019 | Finance, Home Sales | 0

One-in-three potential homebuyers think a 20% down payment is required.

Older first-time homebuyers have more savings, less income

by Carrie B. Reyes | Apr 29, 2019 | Home Sales | 0

Today’s first-time homebuyers are better for housing market stability

Student debt prevents homeownership for thousands of Californians

by Carrie B. Reyes | Mar 18, 2019 | Economics | 1

The Federal Reserve estimates the number of young adults prevented from buying their first home by student debt.

Change the law: Start a down payment savings program for first-time homebuyers in California

by ft Editorial Staff | Oct 22, 2018 | Change The Law | 0

Our proposal: We propose Californian’s legislature create a program to allow future first-time...

Rising Baby Boomer and young adult populations look for home; Monthly Statistical Update (August 2018)

by ft Editorial Staff | Aug 7, 2018 | Charts, Market Watch, Monthly Statistical Update | 0

California’s growing population in search of housing; Homeownership strongest among older generation; First-time homebuyer population rises, homeownership remains down