First-Time Home Buyers Shrink to Historic Low of 24% as Buyer Age Hits Record High
National Association of REALTORS® Key Highlights The first-time homebuyer market share decreased to a historic low of 24% (down from 32% last year), while home buyers’ ages hit all-time highs of 56 years overall (49 last year), 38 years for first-time buyers (35 last year) and 61 years for repeat buyers (58 last year), according […]
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First-Time Home Buyer Saving Account Introduced in Kansas
Kansans can now save toward the purchase of their first home tax-free through the newly introduced Kansas First-Time Home Buyer Savings Account program. Future buyers can set up their savings account at any Kansas financial institution, then contribute up to $3,000 for an individual or $6,000 for a married couple tax-free per year. This first-time […]
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‘First-Time Buyer’ Season 2 Now Available on Hulu
National Association of REALTORS® The second season of First-Time Buyer by the National Association of Realtors® is now available to stream on Hulu. The docuseries was created by NAR to provide the most realistic portrayal of the American homebuying process while highlighting the vital role that Realtors® play in helping U.S. consumers achieve the dream […]
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Kansas City Ranked as Top Metro for First-Time Homebuyers
LendingTree released its annual ranking of the nation’s 50 largest metropolitan areas by how friendly they are for those buying their first home. Kansas City, Mo. leads the list of top metros for first-time buyers, followed by Oklahoma City, Okla. and Louisville, Ky. The ranking considered the following factors in its ranking: average down payment, average down […]
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