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First-Time Homebuyers

Experts offer multi-faceted solutions to the housing supply shortage

Affordability, BlackRock, First-Time Homebuyers, Gen Z, Housing Inventory, Housing Market, HWmember, Investors, Millennials, NAHB, Real Estate, Regulatory, Urban Institute, Virginia, Zoning /

As the nationwide housing inventory and affordability crisis persists, a trio of experts sit down with HousingWire to detail proposed solutions. The solve? It’s multi-faceted and it comes down to fixing supply issues, changing zoning and updating regulation. Kent Colton, president of the Colton Housing Group and former CEO of the National Association of Home […]

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Homebuyers seek independent research, but still want a real estate agent

Agent, Cotality, First-Time Homebuyers, Homebuyers, Homebuying, HWmember, Real Estate, Real Estate Agents /

From business practice changes, to a slowing housing market, to rapidly advancing technology, real estate agents have had to adapt quite a bit over the past few years. Still, homebuyers find them more important than ever. Data from Cotality shows that while more than 500,000 agents have entered the industry over the past decade, home

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Survey: Job insecurity leading to home purchase delays

Affordability, Agent, Employment, First-Time Homebuyers, Gen Z, Home Prices, Homebuying, HWmember, Millennials, Real Estate, Redfin, Unemployment /

More than two in five American workers say concerns about job security are causing them to delay or cancel a major purchase such as a car or home, according to a new Redfin-commissioned survey. The survey found that 44% of employed U.S. residents put off or scrapped such purchases. Another 30% said they had already

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Michigan cities, lawmakers seek $800M for housing incentives

Affordability, Construction, First-Time Homebuyers, homebuilder, Homebuilder Confidence, Homebuilders, Homebuyers, Housing Inventory, Housing Market, HWmember, Michigan, Real Estate /

Michigan cities and a bipartisan group of state lawmakers are backing a $160 million annual budget proposal aimed at increasing housing construction and rehabilitation through local zoning changes and financial incentives. Officials say it could spur 10,000 new homes over five years — or about 2,000 a year — at a total cost of $800

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Inside Real Estate puts forth AI-powered home search platform

Agent, Artificial Intelligence, Brokerage, First-Time Homebuyers, Homebuyers, HWmember, New listings, Real Estate, Real Estate Agents, Real Estate Listings, Technology /

Inside Real Estate has released HomeSearch AI — a new search and client engagement platform designed to let users input natural language to find listings and help real estate professionals reengage dormant leads. The platform incorporates technology from ListAssist — a company Inside Real Estate acquired earlier this year — along with features from BoomTown

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Down Payment Resource reports record-breaking DPA availability

Affordability, Down Payment Assistance, First-Time Homebuyers, Homeownership, HWmember, Manufactured Housing, Mortgage, Mortgage Rates /

Down Payment Resource (DPR) on Tuesday released its Q2 2025 Homeownership Program Index report. It found that 45 new down payment assistance programs launched in the second quarter, bringing the total number of available programs in the U.S. to 2,554 and the number of program providers to 1,340. The number of programs is a new

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Bright MLS: Housing market shifts toward necessity, balance

Affordability, Bright MLS, First-Time Homebuyers, Home Sales, Homebuyers, Housing Market, Housing Market Data, HWmember, Mortgage Rates /

The U.S. housing market is entering a new phase defined less by competitive bidding and more by financial stress and practical necessity, according to a second-quarter Bright MLS agent survey released Friday. The findings reveal a marked departure from previous years’ demand-driven trends, with both home buyers and sellers increasingly motivated — or discouraged —

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Younger homebuyers turn to social media, AI and each other

Affordability, Artificial Intelligence, First-Time Homebuyers, Gen Z, Housing Market, HWmember, Millennials, Social Media, Technology /

Faced with high housing costs, economic instability and declining trust in traditional lending institutions, younger generations are redefining how they approach homeownership. A newly released NextGen Homebuyer Report — compiled by National Mortgage Insurance and financial literacy nonprofit FirstHome IQ — highlights how Gen Z and millennials are creatively navigating a changing real estate landscape.

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Phillip Cantrell’s book offers blueprint for real estate entrepreneurship

Affordability, Brokerage, First-Time Homebuyers, Housing Inventory, HWmember, Real Estate, Real Estate Agents, United Real Estate /

Veteran entrepreneur Phillip Cantrell distills four decades of hard-won business wisdom into his newly released book, “Failing My Way to Success: Lessons from 42 Years of Winning (and Losing) in Business,” which officially launched July 15. The founder and CEO of Benchmark Realty — who sold the company to United Real Estate in 2020 —

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Survey: Down payment concerns delay homeownership for many

Affordability, Down Payment Assistance, First-Time Homebuyers, Home Prices, Homebuyers, Housing Market, National Association of Realtors, NeighborWorks America, Real Estate /

Despite strong interest in home-buying, affordability challenges and misconceptions about down payments are deterring many potential buyers, according to a new survey from NeighborWorks America. The nonprofit organization reports that 27% of U.S. adults say they plan to buy a home within the next year. However, among those who are postponing or not planning to

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