The post First-time homebuyers are pretty much screwed in 2023 appeared first on Weekly Real Estate News.
First-time homebuyers are pretty much screwed in 2023
Housing Wire
Altos: More sellers and price reductions, but fewer homebuyers
[embedded content]Price reductions ticked up this week for the first time since November in the face of rising mortgage rates. Inventory is rising across the country as home-buying affordability takes another hit. The pace […]
Economy
The US will probably avoid a recession. That might be bad news for homebuyers.
The US economy may avoid a recession after all. That’s not great for sidelined homebuyers. A recession would likely cause interest rates to fall, bringing down mortgage rates and adding housing inventory. High borrowing costs […]
Housing Wire
Homebuyers have many options; let’s make sure they’re aware of them
To many, homebuying is a daunting, often confusing process. Admittedly, the myriad of documents requiring signatures can be overwhelming, especially for first-time homebuyers. Thankfully, there are a number of online resources that can help homebuyers […]