First Time Home Buyers Archives

Buyer Interest Is Growing among Younger Generations

by Dan Matarazzo | Oct 28, 2020 | Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Interest Rates, Millennials, Move-Up Buyers

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is...

How Down Payment Assistance Opens the Door to Homeownership

by Dan Matarazzo | Oct 27, 2020 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers

Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to...

How to Prepare for a Bidding War [INFOGRAPHIC]

by Dan Matarazzo | Oct 16, 2020 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some Highlights With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the...

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s

by Dan Matarazzo | Oct 7, 2020 | First Time Home Buyers, For Buyers, Rent vs. Buy

One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a...

The Cost of a Home Is Far More Important than the Price

by Dan Matarazzo | Sep 22, 2020 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest...

Virtual School Is Changing Homebuyer Needs [INFOGRAPHIC]

by Dan Matarazzo | Sep 11, 2020 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some Highlights With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists. If you’re trying to make room for your family’s growing needs, multi-purpose rooms and dedicated...