Buyers
Bank of America Zero Down Payment Mortgage a Potential Boon for Minority Buyers
The path toward homeownership is no cakewalk, but history and data have shown that it can be arduous for specific demographics, particularly among Black and Hispanic buyers. While the racial homeownership gap won’t close overnight, steps by Bank of America could help push the needle in the right direction in select markets. The lender recently… […]
Most Home Buyers Use Real Estate Agents
Buying a home is a significant financial transaction, and according to a new report from NAR, 87 percent of all buyers will use a real estate agent to help navigate it. www.nar.realtor – Real Estate Story Ideas
Sellers Are Rejecting FHA/VA Backed Offers; Buyers Passing Instead of Compromising
The Urban Institute (UI) says it appears that the current sellers’ market is having a negative impact on government backed loans and the borrowers who need to use them. In an article posted on UI’s Urban Wire blog, Janneke Ratcliffe and Laurie Goodman write that, while soaring home prices and historically low inventories of available […]
NAR Report Finds LGBTQ Buyers Purchasing Older, Smaller Homes Than Other Americans
LGBTQ Buyers Purchasing Older, Smaller Homes Homes bought by LGBTQ buyers were 170 square feet smaller and 15 years older, typically, than those purchased by non-LGBTQ buyers. Media Contact: Spencer High 202-383-1051 Working With Buyers, Working With Sellers
International Buyers Investing in Commercial Real Estate
Thirty-five percent of REALTORS® have seen an increase in the number of international buyers in commercial real estate. www.nar.realtor – Real Estate Story Ideas
NAR Study Shows Decline in International Home Buyers
A new study from the National Association of REALTORS® found a decline in the number of foreign homebuyers in the U.S. as well as the total sales volume. www.nar.realtor – Real Estate Story Ideas