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.
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Down payment gifts from parents help young adults become homeowners faster, but they prevent skin in the game.
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How many of your homebuyer clients are first-time homebuyers? 25% or less (66%, 23 Votes) 75% or...
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Fortunately for real estate participants of all types, mortgage interest rates are at an all-time low in March 2020.
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Most renters report a number of obstacles are holding them back from buying a home.
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In 2019, ten years after the conclusion of the recession, young adults are finally reaching a recovery.
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AB 1590 would offer a $5,000 tax credit to qualified first-time homebuyers.
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One-in-three potential homebuyers think a 20% down payment is required.
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Today’s first-time homebuyers are better for housing market stability
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The Federal Reserve estimates the number of young adults prevented from buying their first home by student debt.
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Our proposal: We propose Californian’s legislature create a program to allow future first-time...
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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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Fast-rising home prices are causing first-time homebuyers to think creatively when it comes to financing.
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First-time homebuyers have a recorded tendency to overpay on their home purchase.
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While California’s housing markets are difficult for first-time homebuyers, some metros are better than others.
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Potential first-time homebuyers face a frustrating obstacle to homeownership: a low-tier housing shortage.
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Find out which cities in California had the most sales fall through in 2016.
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Keeping these points in mind will help you answer questions proactively and ward off problems before they occur.
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The top five challenges real estate agents faced in 2016, and some solutions.
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Read this article for tips and strategies on finding and assisting first-time homebuyer clients.
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