First-time homeownership slips further out of reach without family assistanceOnly 11.5% of first-time buyers can afford homes without family help, highlighting the growing dependence on external financial support.
Stamp duty to increase in weeks can you still beat the deadline?Home buyers are racing against a looming stamp duty deadline that could cost them significantly more after April.
There Are Now 30 Renters for Every Home for Sale in the U.S.The U.S. housing market is experiencing a severe supply shortage, with 30 renter households vying for each available home, complicating first-time buyers' efforts.
Homes for sale in short supply as there's now 30 renters for every house on the market in USThe U.S. housing market is at a critical low for available homes, creating a tough environment for first-time buyers.
How To Track Down the Last Starter Homes in AmericaThe housing market for starter homes is gradually improving, with increased inventory and demand from younger buyers.
100,000 home-price increase in last five years highlights first-time buyer strugglesRising home prices and a shortage of properties are driving first-time buyers to take on higher mortgages than ever before.
First-time homeownership slips further out of reach without family assistanceOnly 11.5% of first-time buyers can afford homes without family help, highlighting the growing dependence on external financial support.
Stamp duty to increase in weeks can you still beat the deadline?Home buyers are racing against a looming stamp duty deadline that could cost them significantly more after April.
There Are Now 30 Renters for Every Home for Sale in the U.S.The U.S. housing market is experiencing a severe supply shortage, with 30 renter households vying for each available home, complicating first-time buyers' efforts.
Homes for sale in short supply as there's now 30 renters for every house on the market in USThe U.S. housing market is at a critical low for available homes, creating a tough environment for first-time buyers.
How To Track Down the Last Starter Homes in AmericaThe housing market for starter homes is gradually improving, with increased inventory and demand from younger buyers.
100,000 home-price increase in last five years highlights first-time buyer strugglesRising home prices and a shortage of properties are driving first-time buyers to take on higher mortgages than ever before.
When Older Renters Become First-Time BuyersOlder buyers are increasingly hesitant to enter the housing market, though ownership can provide long-term security and legacy planning.
First-Time Homebuyers in New York in Line To Get Down Payment Help From $50 Million PotGov. Kathy Hochul proposes $50 million to aid first-time homebuyers in New York amid challenging market conditions.
Down payment assistance programs continue to grow, with an average benefit of $17KStates are implementing more down payment assistance programs to aid first-time buyers, with notable increases in both quantity and targeted support.
What Is FHA Program That Pauses Payments for a Year: Expert | EntrepreneurHigh home prices and mortgage rates hinder homeownership for many Americans.A new FHA program offers potential mortgage payment pauses for fixer-upper buyers.There are important caveats to this FHA program that buyers must consider.
Foyer unlocks $6.2M to help people save up to buy homes | TechCrunchFoyer helps potential homebuyers save for down payments and offers tailored guidance, addressing the challenges of the current real estate market.
See What This Couple Who Won the NYC Housing Lottery Bought in BrooklynMany first-time homebuyers struggle amidst a low market share, yet some families succeed through programs like the New York Housing Lottery.
When Older Renters Become First-Time BuyersOlder buyers are increasingly hesitant to enter the housing market, though ownership can provide long-term security and legacy planning.
First-Time Homebuyers in New York in Line To Get Down Payment Help From $50 Million PotGov. Kathy Hochul proposes $50 million to aid first-time homebuyers in New York amid challenging market conditions.
Down payment assistance programs continue to grow, with an average benefit of $17KStates are implementing more down payment assistance programs to aid first-time buyers, with notable increases in both quantity and targeted support.
What Is FHA Program That Pauses Payments for a Year: Expert | EntrepreneurHigh home prices and mortgage rates hinder homeownership for many Americans.A new FHA program offers potential mortgage payment pauses for fixer-upper buyers.There are important caveats to this FHA program that buyers must consider.
Foyer unlocks $6.2M to help people save up to buy homes | TechCrunchFoyer helps potential homebuyers save for down payments and offers tailored guidance, addressing the challenges of the current real estate market.
See What This Couple Who Won the NYC Housing Lottery Bought in BrooklynMany first-time homebuyers struggle amidst a low market share, yet some families succeed through programs like the New York Housing Lottery.
What Budtenders Want You to Know as a First-Time Weed Buyer in New York | stupidDOPEBudtenders are essential guides for first-time weed buyers in New York, encouraging open communication and a gradual approach to consumption.
London housing market experiencing stamp duty hangover'The London housing market faces a significant drop in demand due to upcoming changes in stamp duty regulations.
What Is the Average Down Payment on a House?Down payment expectations are changing; the traditional 20% is not strictly required.First-time homebuyers currently face lower median down payments compared to repeat buyers.
London housing market experiencing stamp duty hangover'The London housing market faces a significant drop in demand due to upcoming changes in stamp duty regulations.
What Is the Average Down Payment on a House?Down payment expectations are changing; the traditional 20% is not strictly required.First-time homebuyers currently face lower median down payments compared to repeat buyers.
Most affordable place for first-time buyers is revealed as east coast remains priceyIt takes first-time buyers an average of five years to save for a home deposit.Longford is the most affordable area for first-time buyers in Ireland.
Buyers rush to beat stamp duty changes amid lengthy delays in house purchasesHomebuyers are rushing to finalize transactions before the April 2025 deadline for stamp duty relief ends.
Warning over Lifetime ISAs as savers risk being fined or frozen out'The Lifetime ISA has strict property value limits that frustrate first-time buyers seeking affordable housing.
Most affordable place for first-time buyers is revealed as east coast remains priceyIt takes first-time buyers an average of five years to save for a home deposit.Longford is the most affordable area for first-time buyers in Ireland.
Buyers rush to beat stamp duty changes amid lengthy delays in house purchasesHomebuyers are rushing to finalize transactions before the April 2025 deadline for stamp duty relief ends.
Warning over Lifetime ISAs as savers risk being fined or frozen out'The Lifetime ISA has strict property value limits that frustrate first-time buyers seeking affordable housing.
27 Expensive And Annoying Home Maintenance MistakesTrust can lead to costly regrets when buying a house without thorough inspections and disclosures.
What are the hidden costs of buying a house - on top of the purchase price?Hidden costs in home buying can catch buyers off guard and must be accounted for in budgeting.
We Asked Recent Buyers About the Compromises They Made to Buy a Home - And They All Said the Same ThingHome buying can be confusing; staying within budget is crucial in today's market.Buyer sentiments highlight the need for realistic expectations amidst rising prices.
Former Caribou founder launches Further, a fintech that's focused on helping people buy homes | TechCrunchFurther simplifies the home-buying financial process, especially for first-time buyers, using a comprehensive calculator that goes beyond simple metrics.
Hey, home buyers. Why are you waiting? 'The perfect scenario never comes.'Buyers should focus on affordability and a supportive agent before entering the market.Delaying buying due to interest rates may lead to higher competition later.
In Brooklyn With $800,000 and Designs on a One-Bedroom. Which Option Was the Right Fit?Abbie Lin and Shaman Kothari had to quickly transition from tenants to home buyers due to lease non-renewal.
27 Expensive And Annoying Home Maintenance MistakesTrust can lead to costly regrets when buying a house without thorough inspections and disclosures.
What are the hidden costs of buying a house - on top of the purchase price?Hidden costs in home buying can catch buyers off guard and must be accounted for in budgeting.
We Asked Recent Buyers About the Compromises They Made to Buy a Home - And They All Said the Same ThingHome buying can be confusing; staying within budget is crucial in today's market.Buyer sentiments highlight the need for realistic expectations amidst rising prices.
Former Caribou founder launches Further, a fintech that's focused on helping people buy homes | TechCrunchFurther simplifies the home-buying financial process, especially for first-time buyers, using a comprehensive calculator that goes beyond simple metrics.
Hey, home buyers. Why are you waiting? 'The perfect scenario never comes.'Buyers should focus on affordability and a supportive agent before entering the market.Delaying buying due to interest rates may lead to higher competition later.
In Brooklyn With $800,000 and Designs on a One-Bedroom. Which Option Was the Right Fit?Abbie Lin and Shaman Kothari had to quickly transition from tenants to home buyers due to lease non-renewal.
Will Labour help Londoners get on the property ladder, as they promise to build 1.5 million new homes?Housing affordability for first-time buyers in London has reached record levels, necessitating higher deposits compared to the rest of the UK.
Nationwide warns Reeves against cutting tax breaks on cash IsasCutting tax breaks on cash ISAs could hinder mortgage availability for first-time buyers.
Will Labour help Londoners get on the property ladder, as they promise to build 1.5 million new homes?Housing affordability for first-time buyers in London has reached record levels, necessitating higher deposits compared to the rest of the UK.
Nationwide warns Reeves against cutting tax breaks on cash IsasCutting tax breaks on cash ISAs could hinder mortgage availability for first-time buyers.
Mortgage rates finally fall for first-time buyers best deals comparedMortgage approvals for home buyers have surged due to a drop in mortgage rates, providing relief for first-time buyers and those with smaller deposits.
Toronto-area home sales decline in August, but rate cut could spur activity: board | CBC NewsToronto's housing market experienced decreased sales and slightly lower prices in August 2023, influenced by rising mortgage costs and new Bank of Canada rate cuts.
Martin Lewis on the single biggest factor that'll change your mortgage rateLoan to Value (LTV) ratio significantly impacts mortgage rates.Higher deposits or equity lead to lower interest rates.Mortgage rates are priced in bands, improving with lower LTV ratios.Home values can fluctuate, affecting LTV over time.
Mortgage rates finally fall for first-time buyers best deals comparedMortgage approvals for home buyers have surged due to a drop in mortgage rates, providing relief for first-time buyers and those with smaller deposits.
Toronto-area home sales decline in August, but rate cut could spur activity: board | CBC NewsToronto's housing market experienced decreased sales and slightly lower prices in August 2023, influenced by rising mortgage costs and new Bank of Canada rate cuts.
Martin Lewis on the single biggest factor that'll change your mortgage rateLoan to Value (LTV) ratio significantly impacts mortgage rates.Higher deposits or equity lead to lower interest rates.Mortgage rates are priced in bands, improving with lower LTV ratios.Home values can fluctuate, affecting LTV over time.
The death of hallways: New home builds are like "Tetris"Homebuilders are pivoting to smaller homes to address affordability for first-time buyers.
I Asked Real Estate Pros What Buying a Home Will Be Like in 2025. Here's What They SaidThe 2025 housing market is expected to be more balanced, with inventory rising and negotiation possibilities increasing for buyers.
Buying a house at auction: 'There have been instances of impulsive purchasers winning a bid and having to beg family and friends for the funds'Professional advice is crucial for rookie buyers at auctions to avoid mistakes.
16 affordable cities buyers should target as home prices rise but stay below peak levelsProcrastinating on home purchases in 2024 could lead to lost opportunities as mortgage rates and property values have risen significantly.
Barbara Corcoran: 5% Rate Would Make the Market Go Ballistic | EntrepreneurHome sales rose 3.4% month-over-month in October, marking a year-over-year gain after three years.
The States Where Mortgage Rates Are the Lowest TodayExisting home sales increased 1.3% in July but fell 2.5% year-over-year, indicating mixed trends in the housing market.
The death of hallways: New home builds are like "Tetris"Homebuilders are pivoting to smaller homes to address affordability for first-time buyers.
I Asked Real Estate Pros What Buying a Home Will Be Like in 2025. Here's What They SaidThe 2025 housing market is expected to be more balanced, with inventory rising and negotiation possibilities increasing for buyers.
Buying a house at auction: 'There have been instances of impulsive purchasers winning a bid and having to beg family and friends for the funds'Professional advice is crucial for rookie buyers at auctions to avoid mistakes.
16 affordable cities buyers should target as home prices rise but stay below peak levelsProcrastinating on home purchases in 2024 could lead to lost opportunities as mortgage rates and property values have risen significantly.
Barbara Corcoran: 5% Rate Would Make the Market Go Ballistic | EntrepreneurHome sales rose 3.4% month-over-month in October, marking a year-over-year gain after three years.
The States Where Mortgage Rates Are the Lowest TodayExisting home sales increased 1.3% in July but fell 2.5% year-over-year, indicating mixed trends in the housing market.
Rising house prices force new home buyers to borrow 65,000 more than four years agoAverage mortgage values are at record highs amid a property shortage.First-time buyers are borrowing significantly more than in previous years.
Mortgage reforms set to loosen for first-time buyers in pro-growth pushEasing mortgage rules may help first-time buyers access the property market more easily.
UK house prices jump in July; markets recover as Japan calms rate rise fears business liveRising confidence and lower mortgage rates drive house price increases.
3 reasons buying a home could get easier in 2025 - unless you're a first-time buyerThe US housing market may experience a slight cooling in 2025, making home buying easier, but challenges persist for younger buyers.
Stamp duty concerns ahead of budget as UK house prices rise amid record salesUK house prices increased by 1% in September, indicating a recovering housing market supported by lower mortgage rates and rising incomes.
UK house prices jump in July; markets recover as Japan calms rate rise fears business liveRising confidence and lower mortgage rates drive house price increases.
3 reasons buying a home could get easier in 2025 - unless you're a first-time buyerThe US housing market may experience a slight cooling in 2025, making home buying easier, but challenges persist for younger buyers.
Stamp duty concerns ahead of budget as UK house prices rise amid record salesUK house prices increased by 1% in September, indicating a recovering housing market supported by lower mortgage rates and rising incomes.
Unlocking the future: What investing in apartments in UAE in 2024 means for real estate insurance - London Business News | Londonlovesbusiness.comIn 2024, comprehensive property insurance plans will be essential for UAE apartment buyers to ensure holistic coverage, including building, interiors, and liability.
UK house prices and sales volumes expected to grow next year despite budgetUK house sales are anticipated to rise by 5% to 1.15 million in 2025, driven by improved affordability and rising household incomes.
Best Electric Cars For First-Time EV BuyersEV sales are expanding beyond early adopters to first-time buyers who demand practicality, range, and modern features.
Tesla Model 3 vs. Model S: Which EV should you purchase?Model 3 is cheaper and faster but less roomy than Model S.The significant price difference influences first-time buyers' decisions.Model S offers more comfort and storage capacity at a higher price.
Best Electric Cars For First-Time EV BuyersEV sales are expanding beyond early adopters to first-time buyers who demand practicality, range, and modern features.
Tesla Model 3 vs. Model S: Which EV should you purchase?Model 3 is cheaper and faster but less roomy than Model S.The significant price difference influences first-time buyers' decisions.Model S offers more comfort and storage capacity at a higher price.
People using Help-to-Buy scheme earn more and buy bigger homes than other first-time buyersHelp-to-Buy scheme beneficiaries are usually younger, have smaller deposits, and often could afford homes without the scheme.The scheme may be ineffective in meeting its goal of helping lower-income new buyers.
Mortgage-switching levels pick up as first-time buyers approved for 1bn in home loansMortgage approvals surged by 23% year-on-year, driven by first-time buyers and those switching from fixed rates.