Let's get real about buying a home for the first time. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, ...
Meanwhile, people who already own homes are accruing huge amounts of equity, thanks to soaring values and low prepandemic mortgage rates. That allows them to make larger down payments and all-cash ...
The image of a young married couple buying a home to begin their life journey is a fleeting one. A survey conducted by the ...
As housing remains scarce, pricey, and out of reach, the share of first-time home buyers has hit an all-time low.
They aren’t just older — first-time buyers also make up a smaller share of the market than ever, just 21%, the trade group ...
For many first-time buyers, starter homes feel like an endangered species. In hundreds of cities nationwide, so-called starter homes now cost $1 million or more.¹ Even in areas where prices are lower, ...
Close to one-third of first-time home buyers (32%) were between 25 and 34 years old, while one-fourth (25%) were between 35 ...