Down Payment

Buyers Entering the Market Solo Struggle

February 12th, 2018
Accumulating a down payment is a struggle—and even more so for singles, according to a new report. Singles are facing more than 10 years of saving, assuming they make a 20 percent down payment on a median-priced property, an analysis...

Bankruptcy Clarification Could Give Home-Buying Millennials Options

February 22nd, 2018
Student loan debt is one of the major home-buying challenges for the millennial generation. According to a survey by the National Association of REALTORS® (NAR), 83 percent of surveyed millennials said they are delaying their home-buying plans by a median...

Buyers Have High Hopes for Spring

March 25th, 2018
Getting Equipped to Win Buyers are flocking to the market this spring, with high hopes even as they face a frenzy of multiple-offer situations, according to new realtor.com® research. Currently, inventory is down 8.5 percent year-over-year. In addition to the...

Gen Xers Borrowing More So Than Millennials

August 12th, 2017
Mortgage borrowers today are more often Gen X than millennial, according to a recent survey by NAMB – The Association of Mortgage Professionals. The majority of NAMB members surveyed reported millennials account for only as much as 25 percent of their...

Millennials Are Redefining Home-Buying Standards—and Gen Z Is Next

September 27th, 2017
The home-buying approach varies from generation to generation—and in order to overcome down payment hurdles, millennial buyers are transforming the standards of homeownership set by baby boomers, according to the 2017 Zillow Group Report. In fact, less than half (39...

Crowdfunding Your Way Into a Home

October 9th, 2017
Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: Great Spaces: Living Luxe in Beautiful Bradenton Survey: Broker Operations and Technology Relaxation Awaits: 2018 Best Places to Retire Crowdfunding has appeared...

First-Time Homebuyers Are Knocking: Are They Being Let In?

October 30th, 2017
First-time homebuyers are eager to enter the housing market. Getting in the door is another story. First-time homebuyers accounted for 34 percent of sales this year, less than the 35 percent share in 2016 and off an average 39 percent...

Don’t Wait: Buying Will Cost More in Just One Year

November 12th, 2017
Are you on the fence about owning a home? It may be better to buy now than wait. The nation’s median home value is expected to grow by $6,275 to $208,975 just one year from today, according to Zillow, adding...

Home-Buying Challenges: Report Finds Homeownership Delays

November 18th, 2017
Homeownership is considered a challenging stepping stone on the path to the American Dream—a fact that is especially true for many millennial and minority consumers. The fifth annual America at Home survey by non-profit NeighborWorks America found that down payment...

Made a Misstep When It Comes to Housing? You’re Not Alone

July 17th, 2017
Many homeowners and renters are feeling the sting of regret when it comes to their choices and experiences, but less so than five years ago—a progression in perspective as the effects of the housing crisis continue to fade, according to...
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