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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
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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
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