
First-Time Buyers Are Older, Fewer, and Struggling to Compete
Homeownership is slipping for younger Americans, with the average first-time buyer now 38 years old, according to the Guardian.

Homeownership is slipping for younger Americans, with the average first-time buyer now 38 years old, according to the Guardian.

According to a new Zillow Home Loan analysis, mortgage payments are now lower than rent in 22 major U.S. metros, offering potential homeowners significant monthly savings.

Realtor.com and Placer.ai reveal how rising office foot traffic in July 2024 is impacting housing markets in major U.S. cities. Discover the five metros most affected by return-to-office trends and shifting homebuyer behavior.

A few days before closing, a Denver couple lost more $30,000 to a BEC (Business Email Compromise) scam targeting homebuyers. Learn what you can do to protect your buyers from wire fraud.

A new report from Redfin shows Millennials and Gen Z taking out the majority of mortgages in 2023, with 39.7% of the year’s total mortgages issued to buyers under 35 years of age and 26.5% going to buyers 35-44.

The homebuyer plaintiffs in the Batton 1 lawsuit have filed for a temporary injunction to prevent the final approval of the Keller Williams, Anywhere, and RE/MAX settlements.

According to a new survey from Clever Real Estate, prospective buyers need to earn at least $119,769 annually to afford a median priced home at $332,494 with a 10% down payment. That income is $45,000 more than the median U.S. household income.

Tom Toole shares his top seven proactive strategies for agents serving today’s home buyers.

On Monday, April 15, 2024, Zillow launched its new “Home Just Got Real” marketing campaign to address the challenges today’s young homebuyers face and to celebrate their resilience, as well as to drive home the value of skilled real estate professionals.

Former Zillow executive, Greg Schwartz, co-founder and CEO of Tomo, is launching a new real estate portal as the next step in Tomo’s mission to support homebuyers at every stage of their journey to homeownership.

This week in BAM brings a Nevada commission lawsuit, good news for impatient homebuyers, qualified leads from LinkedIn, a winning email script, the perfect press release, three noteworthy IG updates, and a 5-day lead gen challenge.

Redfin’s latest report shows a drop in homebuyer migration to different metro areas as remote work options decrease and home prices go up in popular migration destinations. This time, Spokane, WA, made the top 10 list of metros with the highest net inflow.
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