Monthly Archives: March 2023

First Time Home Buyers drop to lowest level on record.

First time home buyers

For the first time since records began, first-time homebuyers made up the smallest share of sales last year at 26% Despite a recent softening in the US housing market, a combination of rising borrowing costs and still-high prices have put prospective first-time homebuyers in a serious bind. The difficulties for first-time buyers have been escalating […]