Sales to first-time home buyers fare best in tough quarter: Genworth

the repeat buyer market declined five percent. In fact, the first-time homebuyer market had its best quarter since the third quarter of 2000, and will likely have one of the best years since the last housing boom. Home sales to first-time homebuyers should exceed its historical average, meaning that some of the three million missing first-time.

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First-time buyers bought 559,000 single-family homes in the second quarter, down 4% from a year ago, a report from Genworth mortgage insurance released on Wednesday showed.

High house prices rather than Brexit behind buyer wariness – BSA – Mortgage Solutions Post-Brexit house price growth slower than after 2007 crash. Monthly house price growth since the Brexit vote has been slower than market recovery after the 2007 property bubble burst, research by Emoov.co.uk has found. The estate agency says that in the two years leading up to the property bubble bursting, house prices grew at an average of 0.

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Research has revealed that 40% of people aged 25-34 can’t afford to buy one of the cheapest homes in their area, even with a 10% deposit. That’s according to a new report from the Institute for Fiscal Studies (IFS), which claims a 173% house price increase in England over 20 years has priced many first-time buyers out of the market.

First-time buyers bought 559,000 single-family homes in the second quarter, down 4% from a year ago, a report from Genworth Mortgage Insurance released on Wednesday showed.

A new report by Genworth Mortgage Insurance had some big findings about first-time home buyers: They bought over 2 million new or resale homes in 2017. That’s a 7 percent increase over 2016.

NerdWallet has identified these nine housing and mortgage trends to watch in the second half of 2019. 1. Wanted: More homes for sale. In real estate, it’s been a seller’s market since August 2012.

Saving up for a down payment may seem impossible, but it’s not. Here’s how much you need to sock away a day to buy a home in the 15 largest U.S. metros.

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The Globe and Mail is Canada’s top source for real estate news, market analysis and housing data. Find the latest on housing markets across the country and real estate information.

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