First Time Homebuyers
At CandysDirt, we love real estate and we love homeownership! But with a house comes expenses beyond the mortgage and insurance. For the unprepared buyer, these can be a rude surprise. And nobody likes those. We’ve seen it before: First-time homebuyers focusing solely on the list price of a house when deciding how much they can…
Read More“Try before you buy” is a hard concept to implement in the world of real estate. But a new partnership between Airbnb and realtor.com aims to do just that for potential homebuyers, letting them experience a specific neighborhood before purchasing there. The partnership is particularly focused on millennials, who now represent the largest group of homebuyers in…
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Case-Shiller’s recent Dec.2014 report shows home prices inching even further skyward, with an increase of 7.5 percent year-over-year, topping the national average of 4.5 percent by a healthy margin. Shrinking inventory is to blame, but one must wonder if supply will ever catch up at this rate. “As long as we have a tight…
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First-time homebuyers are being squeezed out, and you gotta move fast to buy! And people are hanging on to their houses for the longest time on record, according to a new study by the National Association of Realtors. Buyers are living in their homes for ten years, up from six years in 2008, and actually…
Read MoreWhere are all the first-time homebuyers? In their cozy rentals, that’s where! With a market almost completely devoid of newby buyers, and the rental market being as competitive as it is (just ask my friend looking for a single-family home in East Dallas!), and prices going up across all segments, it’s just hard to find…
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