First-time homebuyers now make up 45 percent of all transactions, up from 37 percent of all buyers in 2021, returning to pre-pandemic levels, according to new data from Zillow released Thursday.
Source: Inman News
Always a bridesmaid, rarely a bride, first-time buyers make big return
Published in affordability, All-cash offers, days on market, first-time homebuyers, Gen Z Homebuyers, home prices, manny garcia, Markets & Economy, millenial buyers, mortgage rates, price cuts, Select, Zillow and zillow report
More from affordabilityMore posts in affordability »
- Why affordability hits different in a military market
- 8M reasons to focus: A data-driven Q4 reality check for real estate
- A 7-home estate and a former talk show host’s Montecito hideaway among September’s priciest sales
- How buyer affordability education makes you the go-to agent
- 48% of Americans blame investors for ‘unreasonable’ housing costs
More from All-cash offersMore posts in All-cash offers »
More from days on marketMore posts in days on market »
- 10 compelling reasons that your buyers should purchase now
- Existing-home sales gain momentum in September amid falling mortgage rates
- Here are the markets where homebuyers have the upper hand
- Mortgage rates hit 10-month low, spurring lower monthly payments
- These 6 maps capture a real estate market in turmoil
More from first-time homebuyersMore posts in first-time homebuyers »
- Stop freaking out about 50-year mortgages. They might save the housing market
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Share of first-time homebuyers falls to lowest point ever
- Fannie and Freddie build net worths for planned Q2 2026 public offering
- Existing-home sales gain momentum in September amid falling mortgage rates
More from Gen Z HomebuyersMore posts in Gen Z Homebuyers »
- Most Gen Z sellers have regrets over pandemic home purchases
- Housing costs force Americans earning less than $50K to sacrifice
- Renter households surge as homeownership costs climb
- ‘Hidden’ homeownership costs locking potential buyers in place
- Millennials and Gen Z have a plan for buying homes: Scratch and win
More from home pricesMore posts in home prices »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- ‘Signs of deceleration’ bedevil US home prices
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Discounts, lower mortgage rates give homebuyers deals this fall
More from manny garciaMore posts in manny garcia »
More from Markets & EconomyMore posts in Markets & Economy »
- 53% of US homes lost value from 2024 — but it’s not a crash
- 8 reasons you should never recommend a 50-year mortgage
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
More from millenial buyersMore posts in millenial buyers »
More from mortgage ratesMore posts in mortgage rates »
- NAR economist predicts post-shutdown real estate ‘boom’
- Homebuying off to strongest November start since 2022
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- AI helps UWM seize the day, make the most loans in 4 years in Q3
More from price cutsMore posts in price cuts »
More from SelectMore posts in Select »
More from ZillowMore posts in Zillow »
- 53% of US homes lost value from 2024 — but it’s not a crash
- Will Anywhere merger launch M&A arms race? It’s not yet clear: Intel
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Where else is Zillow not enforcing its private listing ban?
- Zillow defends private listing rule, criticizes Compass in new filing
Be First to Comment