Down payment gifts and the bank of mom and dad
Down payment gifts from parents help young adults become homeowners faster, but they prevent skin in the game.
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Tag: first-time homebuyer
POLL: How many of your clients are first-time homebuyers?
How many of your homebuyer clients are first-time homebuyers? 25% or less (66%, 23 Votes) 75% or...
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First-time homebuyers prefer lower interest rates to bigger tax breaks
Fortunately for real estate participants of all types, mortgage interest rates are at an all-time low in March 2020.
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Obstacles holding back renters from homeownership
Most renters report a number of obstacles are holding them back from buying a home.
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A more cautious, secure generation of first-time homebuyers is emerging
In 2019, ten years after the conclusion of the recession, young adults are finally reaching a recovery.
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New bill encourages some first-time homebuyers with tax credit
AB 1590 would offer a $5,000 tax credit to qualified first-time homebuyers.
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Would-be homebuyers and the 20% down payment misconception
One-in-three potential homebuyers think a 20% down payment is required.
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Older first-time homebuyers have more savings, less income
Today’s first-time homebuyers are better for housing market stability
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Student debt prevents homeownership for thousands of Californians
The Federal Reserve estimates the number of young adults prevented from buying their first home by student debt.
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Change the law: Start a down payment savings program for first-time homebuyers in California
Our proposal: We propose Californian’s legislature create a program to allow future first-time...
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Rising Baby Boomer and young adult populations look for home; Monthly Statistical Update (August 2018)
California’s growing population in search of housing; Homeownership strongest among older generation; First-time homebuyer population rises, homeownership remains down
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First-time homebuyers get creative to cover down payments, mortgages
Fast-rising home prices are causing first-time homebuyers to think creatively when it comes to financing.
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Homebuyers consistently overpay on their first home
First-time homebuyers have a recorded tendency to overpay on their home purchase.
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California home to the least favorable markets for first-time homebuyers
While California’s housing markets are difficult for first-time homebuyers, some metros are better than others.
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Fewer low-tier homes for sale in California
Potential first-time homebuyers face a frustrating obstacle to homeownership: a low-tier housing shortage.
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More home sales are failing to close
Find out which cities in California had the most sales fall through in 2016.
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8 things your real estate clients want you to know
Keeping these points in mind will help you answer questions proactively and ward off problems before they occur.
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The biggest challenges for real estate agents in 2016
The top five challenges real estate agents faced in 2016, and some solutions.
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Agents need to know: first-time homebuyer considerations
Read this article for tips and strategies on finding and assisting first-time homebuyer clients.
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Jobs and demographics to push sales volume higher; Monthly Statistical Update (September 2016)
California home sales volume flat, for now; Jobs steadily increase; First-time homebuyers wait for another day
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