A White House Cabinet official told Fox News, on Sunday, that President Donald Trump's widely-criticized 50-year mortgage ...
First-time homebuyers have all but disappeared, accounting for just 24% of sales in 2024, according to data from the National Association of Realtors®-a historic low and a troubling sign of the ...
Key Takeaways The affordability challenges that first-time homebuyers have been facing aren’t likely to improve much in ...
TD Bank's survey reveals more first-time buyers seek new construction as housing shortage persists. Despite limited inventory, first-time homebuyers remain optimistic and committed to entering the ...
Prior to the Great Depression of the 1930s, obtaining a mortgage was a challenging task. Down payments were typically 50 percent of the purchase price, loan terms seldom exceeded 10-years, and balloon ...
“It’s kind of a shocking number,” said an economist with the National Association of Realtors. By Julia Carpenter The path to homeownership continues to get longer, with the median age of first-time ...
62% of Black homebuyers purchased their first home last year, amid a nationwide downturn. While first-time homebuyer rates have dropped nationwide, Black buyers have seen the strongest rebound, ...
The National Association of Realtors (NAR) reports that the typical age people purchase their first home in the U.S. has risen to an all-time high of 40 years old. First-time buyers represented only ...