Millennials and baby boomers are entering their prime home-buying years in unison and soon to be going head to head in the housing market. With competition heating up, find out where the best cities to buy are according to this new report.
Read More »Where Inventory Shortages Are Hitting Housing Hardest
A study found that resale inventory has hit its lowest level in 18 years and is even tighter for entry-level homes. Watch this video to learn more about inventory shortage, its impact on starter homes, and the cities that are most affected by it.
Read More »Listed Homes this Summer: Now you See Them …
The peak homebuying season is hitting a high, marked by quick listing turnaround according to a report. Click through to learn just how fast listed homes are flying off the market.
Read More »Home Search Moves Towards Pricier Options
A study found that listing prices and the budget quoted by homebuyers while searching for a home are moving closer. Does this trend signal relief for buyers looking at starter homes or is just a sign of shoppers giving up?
Read More »Why are Starter Homes Becoming Hard to Find?
One of the major casualties of a national housing market defined by continuously rising prices and over-tight inventory is the starter home, according to the latest Inventory and ...
Read More »Bad News for Starter Home Hopefuls
New residential sales statistics came out Tuesday from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. According to the National Association of Realtors (NAR), the drop in new home sales for April could be worrisome for first time and low-income homebuyers as inventory shortage is likely to cause the price of new homes to rise more than it has previously. As it stands, newcomers to home buying will continue to face financial and availability challenges.
Read More »“Trading Up” Not so Easy in These 10 Cities
A crowded seller’s market has left some homeowners who want to move into nicer homes frustrated. Though they are getting record-high offers for their starter abodes, when it comes time to buy, their money is not going as far in the trade-up market. Based on seven criteria, here is a list of the 10 hardest places to trade up.
Read More »Builders Cutting Down on Starter Homes
Millennials are starting to move into the housing market, but with inventory dwindling they may be out of luck. The solution? Newly built homes. Though millennials are often first time buyers, it does not necessarily mean they are starter home buyers.
Read More »Market Mismatch Leaves Few Options for Starter Homes
Most potential home buyers are looking for starter homes, but a Market Mismatch Report by Trulia has found that these homes are becoming more difficult to find.
Read More »New Buyers Most Susceptible to Losing American Dream
First-time homebuyers made up more than a third of national home sales in 2016, but still saw a greater share of deals for homes fall through than experienced buyers.
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