Nearly two -
thirds of all homebuyers and 72 percent of Millennial homebuyers expressed concern regarding timing the market and said they want to ensure they are not «buying high.»
There's a reason why two -
thirds of homebuyers and sellers use a certified real estate agent to facilitate the process.
Not exact matches
Homebuyers in the state will likely get a deed
of trust which allows lenders to bypass a judicial foreclosure and instead initiate a «power
of sale» foreclosure by simply hiring a
third party to auction the home.
In 2016, HCR set a record for the
third year in a row, financing the creation or preservation
of more than 17,000 affordable homes and apartments, creating nearly 2,000 homeownership opportunities for first - time
homebuyers, and was once again the # 1 affordable housing bond issuer in the nation with $ 2.8 billion issued.
USMI estimates that nearly half
of those served by MI were first - time
homebuyers and more than a
third (37 %) were borrowers with incomes below $ 75,000.
According to the Sotheby International Realty Canada study, nearly a
third of first - time Gen - Y
homebuyers got some sort
of money help from their baby boomer parents, despite their parents» desire to either hold on to the family home or to resize to a smaller, but more luxurious home.
USMI estimates that nearly half
of those served by MI were first - time
homebuyers and more than a
third (40 percent) were borrowers with incomes below $ 75,000.
More than a
third of first - time
homebuyers in Canada are single.
Most first - time
homebuyers (60 %) set a fixed budget with a maximum amount they would want to spend on their home, but a
third of them would be willing to spend more if they found a dream house outside
of their set budget.
About one
third (30 %)
of all first - time
homebuyers are expecting some assistance from their parents or other members
of their family with their purchase.
First - time
homebuyers taking advantage
of the first - time
homebuyer tax credit dominated Realtors» business during the
third quarter, accounting for more than half the transactions
of 21 percent
of Realtors.
The loan is funded by a
third party approved FHA lender, conforming to FHA guidelines, and because
of the loan guarantee, the FHA provides federal assistance to low and moderate - income
homebuyers.
According to Genworth Canada, the largest private mortgage insurance provider, approximately one -
third of first - time
homebuyers would no longer qualify for their current homes if they were forced to re-qualify under these new mortgage rules.
While first - time
homebuyers were active at the beginning
of the year, the last two months
of this quarter saw a shift in activity to second and
third - time buyers as affordability eroded.
Borrowers who go through our process,
homebuyer education and counseling, are a
third less likely to experience delinquency in their first 24 months
of home purchase.
Our sales associates appreciate having access to resources that help better serve the needs
of today's
homebuyers and sellers, who in turn, become
third - party brand ambassadors.
A little more than one -
third (36 percent)
of all
homebuyers in the 2003 Profile
of Real Estate Services Survey said that the main reason they chose a particular lender was on the recommendation
of their real estate practitioner.
More than half (52 percent)
of homebuyers surveyed in the report said they also considered renting, and more than one -
third (37 percent)
of first - time buyers seriously considered continuing to rent.
Rocket Mortgage reports two -
thirds of clients use the service to purchase a home, and
of those 72 percent are first - time
homebuyers.
The fact that half
of all prospective
homebuyers are using mobile services in their search and that two -
thirds of these prospects are actively seeking an agent in this search means that interested
homebuyers are even easier to target now.
The study also found that a little more than one -
third of recent
homebuyers who obtained their mortgage through a broker, direct lender, or someone else chose one
of the following four creative mortgage options, listed in the order
of popularity:
Further, in 2015, about 40 percent
of homebuyers put down less than 10 percent, and nearly a
third of the 1.6 million loans funded by Freddie Mac were for buyers putting down less than 20 percent.
• About two -
thirds (63 percent)
of ERA brokers reported that
homebuyers and sellers are more open to the idea
of moving to a new area, outside
of their current local market.
Affordability recently fell to its lowest level since 2008, and a recent analysis reveals the average
homebuyer needs to spend more than two -
thirds of their annual income to afford a 20 percent down payment.
The percentage
of homebuyers who could afford to purchase a median - priced, existing single - family home in California in the fourth quarter
of 2017 edged up to 29 percent from 28 percent in the
third quarter
of 2017 but was down from 31 percent in the fourth quarter a year ago, according to C.A.R.'s Traditional Housing Affordability Index (HAI).
On Tuesday, March 27th in New Albany, I'll be hosting my
third homebuyer event
of the year.
As far as
homebuyer traffic goes, the component gained 8 points in March, putting it at a level
of 54, which is the
third plus - 50 reading
of this component in the last four months.
While a 2016 National Association
of Home Builders survey discovered living rooms are the
third most desired home trait for millennials, the National Association
of Realtors reported that an overwhelming majority
of young
homebuyers are looking for open floor plans.
Considering the rising home prices and strong competition in many areas
of the country, when asked how much beyond their budget they went to get into their current home, one -
third of national
homebuyers surpassed their budget by $ 16,510 on average.
The survey shows that 48 %
of homebuyers in the Sunshine state believe that home prices are either fairly priced or just 1 - 10 % over priced vs. 46 % who thought so in the fourth quarter 2009 Florida home prices survey and 42 % who thought so in the
third quarter 2009 Florida home prices survey.
Homebuyers in the state will likely get a deed
of trust which allows lenders to bypass a judicial foreclosure and instead initiate a «power
of sale» foreclosure by simply hiring a
third party to auction the home.
«Currently, two -
thirds of all clients coming to Rocket Mortgage are coming to purchase a home, and 72 percent
of those are first - time
homebuyers.»
John Geha, president
of Coldwell Banker Canada, says, «The current group
of Chinese
homebuyers in Vancouver is the
third «wave» from Asia since 1990, following Taiwanese and Hong Kong immigration.
Eighty - seven percent
of luxury
homebuyers want a technology friendly home, with two -
thirds saying they'd prefer a smart home over a green one.
In fact, Arkansas has the
third - lowest median home list price and monthly mortgage in our study, making it one
of the cheapest places to buy and own a home — especially if you're a first - time
homebuyer.
RISMEDIA, October 31, 2013 — Would - be San Francisco Bay Area
homebuyers spooked by fast - rising home prices, a brief uptick in mortgage interest rates and potential fallout from the federal government shutdown took a break from their home search in the
third quarter
of 2013, spurring a slowdown in home sales that, for the first time in recent memory, was accompanied by a decline in median home prices, according to an analysis
of MLS data by the research division
of Better Homes and Gardens Mason - McDuffie Real Estate.
For example, if a broker offers to refund one -
third of its commission to the
homebuyer, the average buyer
of a $ 300,000 home could save $ 2,500 to $ 3,000 (based on the 2.5 % to 3 % commission rates typically earned by the buyer's broker).