California household formations set to decrease
While the number of households continues to grow, the rise is mostly thanks to renters.
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Tag: first-time homebuyers
The votes are in: Clients don’t pull their credit report before mortgage pre-approval
According to a recent first tuesday poll, 67% of prospective homebuyers seeking to be pre-approved...
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POLL: Why do first-time homebuyers choose to buy?
What’s the main reason your first-time homebuyers choose to buy? To save money. (32%, 14 Votes)...
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POLL: What’s the main reason first-time buyers choose to buy?
What’s the main reason your first-time homebuyers choose to buy? Pride of ownership. (43%, 13...
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Mortgage-free living on the rise
The number of Californians who have paid off their mortgages is increasing steadily, but what does that mean for real estate agents?
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POLL: What’s the main reason your first-time homebuyers choose to buy?
What’s the main reason your first-time homebuyers choose to buy? To save money. (38%, 11 Votes)...
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CalHFA lends billions — but first-time homebuyers still outnumber relief
The California Housing Housing Finance Agency (CalHFA) celebrated $1 billion in single family...
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California starter home crisis tops national charts
Nine of the ten worst metropolitan areas for first-time homebuyers seeking starter homes are in California.
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Bigger homes don’t mean better deals
Homes with more square footage are becoming more common. However, these bigger, pricier homes are out of reach for most first-time homebuyers.
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First-time homebuyers overestimate costs of homeownership
Where do these alleged homeownership costs come from, and how long will they keep potential first-time homebuyers away from the housing market?
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MyHome mortgage assistance for first-time homebuyers
CalHFA introduces a new mortgage assistance program for first-time homebuyers. What’s the catch?
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When does buying make more sense than renting?
Buying and renting justifications: How long must a buyer plan to remain in their home before selling?
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Family savings rates don’t match beefed-up down payment requirements
U.S. family net worth dropped to 1990 rates in 2010, according to the Federal Reserve’s (the...
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