Posts with tag 'Buyers'
Subscribe and receive email notifications of new blog posts.
RSS Feed
9
Understanding the Benefits of Owning Your First Home
Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:
"When asked why they purchased their first home recently, the answer was simple: because they wanted to. Either the desire to stop renting or recognition that homeownership is a smart financial investment was the main motivator for 72% of respondents.
31
Gen Z: The Next Generation Is Making Moves in the Housing Market
Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they're turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents' roofs to owning the...
17
People Want Less Expensive Homes – And Builders Are Responding
In today's housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they've been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a historically large percentage of the total available inventory today, that search often includes brand new homes.
People Are Spending Less on Newly Built Homes
The graph below uses the latest information from the Census to show, in June, more of the newly built ho...
27
Tips for Making Your Best Offer on a Home
While the wild ride that was the 'unicorn' years of housing is behind us, today's market is still competitive in many areas because the supply of homes for sale is still low. If you're looking to buy a home this season, know that the peak frenzy of bidding wars is in the rearview mir...
29
What Homebuyers Need To Know About Credit Scores
If you're thinking about buying a home, you should know your credit score's a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. It's also a factor that helps determine your mortgage rate. An article from Bankrate