A new RE/MAX report shows nearly 80% of prospective homeowners are willing to get creative and make adjustments to their homebuying plans to achieve homeownership in 2024.
A new report from Real Estate Witch shows high interest rates are the number one barrier to homeownership for millennials, followed by high home prices and saving for a down payment.
According to a new national survey of Veterans and active duty service members, only three in 10 know they can use their VA benefit to buy a home with zero down payment. Realtor.com, in cooperation with other organizations, aims to change that.
Zillow Home Loans is now offering a 1% down payment program, meaning eligible buyers could become homeowners a year (or more) sooner than otherwise. Zillow is currently offering the program to Arizona buyers, with plans to expand.
Zillow has released its 2023 Consumer Housing Trends Report showing that 50% of those purchasing homes in 2023 are first-time home buyers. That’s the highest share recorded by Zillow and up from 45% in 2022 and 37% in 2021.
Learn five common misconceptions Americans have about the home buying process, so you can help educate your clients.
According to a new Redfin report, 33.4% of buyers who purchased a home in April 2023 paid in all cash—up from 30.7% a year ago and just under February’s 33.5%.
Byron Lazine, Tom Toole, and Lisa Chinatti discuss mortgage rates rising amid debt ceiling talks, sacrifices buyers make to afford a down payment, the cost of online lead generation, and buyers turning to real estate agents for financing advice.
This week, Rocket Mortgage announced ONE+, a 1% down home loan program in the United States. The program, which also eliminates mortgage insurance fees, is available to American homebuyers whose income is equal to or less than 80% of their area median income (AMI).
A new mortgage product introduced by Skipton Building Society will allow first-time home buyers in the UK to purchase a home with a no-deposit 100% mortgage loan, which hasn’t been available since 2008.
New Zillow research reveals over half of Gen Z and millennials who are not homeowners believe they would have to win the lottery to afford a home purchase.
Buyers are looking for ways to make their home purchases more affordable, with over one million searching for down payment assistance last year. As an agent, you need to share the resources buyers need.
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