Tag Archives: buyers
Where are the first-time buyers?
New homebuyers are scarce, but they are critical to a housing recovery. Continue reading
More buyers, fewer homes for sale
Homebuyers are out there, but they’re finding fewer homes for sale than they were a year ago, according to the latest data from Realtor.com.
In February, the number of homes listed for sale rose a meager 0.5 percent from January, but fell 22 percent fr… Continue reading
Buyers still in control
The fact that it’s still a buyer’s real-estate market is no surprise. Despite small fluctuations, mortgage rates are low and so are home prices. The problem is that few are buying.
A survey by the mortgage company Fannie Mae shows that while 71 percent… Continue reading
A visa for foreign homebuyers?
As one way to unload the glut of housing inventory languishing on the market, two senators want to introduce a bill today that gives foreigners who buy a home in the U.S. a residence visa.
Foreigners would have to invest at least $500,000 in residentia… Continue reading
Homeownership demand up
The monthly cost of owning a median-priced home (including taxes and insurance) is lower than the average cost to rent in 12 metro areas, according to a Wall Street Journal survey. In 15 of the 27 cities surveyed, it is still less expensive to rent, bu… Continue reading
Who are the new homebuyers?
Homebuying conditions look great on paper, but a bunch of factors is preventing traditional first-time buyers or those looking to trade up from getting into the game. Consequently, the new buyers are more often investors with cash or cautious buyers of… Continue reading