Sales to first-time home buyers fare best in tough quarter: Genworth

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7 Life Insurance Tips For The First Time Buyer | Latest News RSS feed this is likely to be the result of first-time buyers beginning to vote with their feet in the face of steep valuations coupled with smaller budgets thanks to stricter lending criteria. “If opinions.

First-time buyers bought 559,000 single-family homes in the second quarter, down 4% from a year ago, a report from Genworth Mortgage Insurance released on Wednesday showed. Weaker first-time home.

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 · Bidding wars and rising home prices have hit Louisville. First-time buyers are having a tough time finding homes in the $100,000 to $300,000 range.

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Property site Rightmove recorded that the total number of sales agreed was 5.5 per cent down in the last quarter. you are in the best position. Being chain-free not only benefits you as a buyer,

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D-FW topped Texas in fourth quarter home price gains Little Rock, Ark., and Birmingham, Ala., got top marks for metro areas where first-timers had the best chance of buying. seen a decline in home.

In many markets, the trend of a low volume of homes on the market compared to the number of buyers that has been fueling bidding wars and rapid increases in home prices. for Genworth Mortgage.

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 · “The first quarter has slipped back to some degree,” David Seiders, chief economist of the Washington-based National Association of Home Builders, said in a March 1 interview. “All this flap about the subprime market going belly up and mortgage lending standards being tightened further up the credit scale might effect sales.”