Tag Archives: First-Time Home Buyers

There are not Enough First-Time Homebuyers to Absorb our Shadow Inventory

This article originally appeared on the Irvine Housing Blog. A recent study has concluded there are not enough first-time homebuyers to absorb shadow inventory. I have waited a lifetime Spent my time so foolishly t feels like the first time … Continue reading

Posted in Fresh Perspectives, Home Economics | Tagged First-Time Home Buyers, Shadow Inventory | Leave a comment

I Want a House, Should I Buy One?

The key in your situation is the home you are looking at sells for less than rent would cost. That means (if you are correct), you have at least a reasonable starting valuation. One sign of bubble pricing is if home prices are way out of line with rental prices or wages. Continue reading

Posted in Best Of The Storm, Fresh Perspectives, Home Economics, What You Need To Know About Buying and Selling Real Estate | Tagged Buying vs. Renting, First-Time Home Buyers, Renting | Leave a comment

Bay Area Home Sales Plunge – But is it REALLY Because of the Tax Credits?

If the first-time buyers are exhausted or uninterested and repeat buyers are stuck underwater, who is left to buy all these houses? Continue reading

Posted in Best Of The Storm, Fresh Perspectives, Home Economics, Social Mood Swings, What You Need To Know About Buying and Selling Real Estate | Tagged First-Time Home Buyers, negative equity, Tax Credits, Unemployment | Leave a comment

Congrats to University and College Grads

I am so proud as a parent that my daughter has finally completed her Honours program at Guelph University in Environmental Sciences. Continue reading

Tagged Best Agent, Betty Bart, Finished School, First-Time Home Buyers, Mississaug, mls, Oakville, Personal Touch, realtor, University Graduation | Leave a comment

Mortgage Applications Decline 35% in 4 Weeks

“Purchase and refinance applications dropped this week, even after an adjustment for the Memorial Day holiday. Purchase applications are now 35 percent below their level of four weeks ago, as homebuyers have not yet returned to the market following the expiration of the homebuyer tax credit at the end of April,” Continue reading

Posted in Mortgage News | Tagged First-Time Home Buyers, Mortgage Applications, Refinancing, Tax Credits | 1 Comment