Tag Archives: first time buyers

Zillow Group Launches RealEstate.com, Gives Millennial Buyers a New Way to Search

Buyers can search for homes by the monthly payment and down payment they can afford By Jeff Sorg, OnlineEd Blog (April 5, 2017) SEATTLE – May 2, 2017 – Zillow Group, which houses a portfolio of the largest and most vibrant real estate and home-related brands on mobile and web, today launches RealEstate.com, a new […]

Zillows Top 10 Best Markets for First-Time Home Buyers

With record low mortgage rates, it’s a good time to buy a home and certainly worth considering By Jeff Sorg, OnlineEd Blog (April 29, 2016) – Indianapolis, Pittsburgh, and Memphis, Tenn. are the best markets for first-time home buyers right now, Zillow announced. Cleveland, Chicago, Houston, and Birmingham, Ala.also made the top 10. To determine which […]

Down Payments at 3-year Low Indicating First Time Buyers Enter Marketplace

IRVINE, Calif. – June 4, 2015 — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today released its Q1 2015 U.S. Home Purchase Down Payment Report, which shows the average down payment for single family homes, condos and townhomes purchased in the first quarter was 14.8 percent of the purchase price, down from 15.2 percent […]

First-time Buyers Fall to Lowest Level in Nearly Three Decades

 (Jeff Sorg, OnlineEd) – The share of first-time buyers fell to its lowest point in nearly three decades, according to an annual survey recently released by the National Association of Realtors® (NAR). The long-term average in this survey, dating back to 1981, shows that four out of 10 purchases are from first-time home buyers. In this […]