Tag: first-time buyers

Buying Amid Affordability Squeeze? Here’s How Homebuyers Can Cope

By Jeff Ostrowski From Bankrate.com The housing market caught fire in 2020 as Americans decided en masse that they wanted homes and were willing to pay for them. Two years on, the pandemic-era housing boom continues to rage. Home prices have set one record after another. Bidding wars have become the norm in many markets….

Analysis: Arizona, Virginia Cities Dominate Top 10 Places to Buy First Home

Despite the coronavirus pandemic that overtook the country during 2020, 40 percent of all housing purchases last year were made by first-time buyers, a 14 percent increase over 2019. A new study from WalletHub looks at 300 cities nationwide of varying sizes to rank the best places for new home buyers based on key indicators….

Home Inventory Remains Low in Strange Start to Home-Buying Season

Commentary U.S. home prices continued to climb in March and have risen nearly 15 percent since the beginning of 2020. That is the takeaway of a U.S. housing market analysis by Standard & Poors, in conjunction with CoreLogic. The study was completed using a method advocated by Nobel-laureate Robert Schiller, which uses actual home price…