Sentences with phrase «aspiring first time buyers»
His team are professionals in dealing with the entire lending scope, from seasoned buyers and investors to aspiring first time buyers with challenging loan scenarios.
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«Nearly two - thirds of renters currently believe now is a good time to buy a home, but weakening affordability and few choices in their price range have made it really difficult for more aspiring first - time buyers to reach the market,» Yun says.
NAR's Aspiring Home Buyer Profile, which analyzes 2016 data from its Housing Opportunities and Market Experience (HOME) survey, shows that despite the sentiment among non-homeowners leaning positive, the share of non-homeowners who believe it is a good time to buy a home steadily declined throughout the year, from 63 percent in the first quarter to 55 percent in the fourth quarter.
«The elevated presence of investors paying in cash continues to add a layer of frustration to the supply and affordability headwinds aspiring first - time buyers are experiencing,» says Yun.
«The dreams of many aspiring first - time buyers were unfortunately dimmed over the past year by persistent inventory shortages, which undercut their ability to become homeowners,» Yun says.
The housing sector is on the mend, but outdated government policy — along with a struggling economic recovery — is keeping the aspiring first - time buyer on the sidelines.