It's hard to buy a first home, Gen Zers and Millennials say Recently, the National Association of Realtors released their 2022 Profile of Home Buyers and Sellers. The news wasn’t good for first-time buyers or for those who have been waiting, impatiently, to buy their first home. Just 26% of all buyers were first-time buyers. [...]
First-time Buyer Homes Out of Reach in 2022 Housing Market A first-time buyer finds homes are out of reach. She is looking for a home, but as a first-time buyer, she hasn't been able to get an offer accepted. Why? Q: My mom gave me a copy of Ilyce’s book 100 Questions Every First-Time Home [...]
Do you need a closing attorney when buying a home? Closing attorneys facilitate real estate transactions but they can’t give legal advice on the deal. Q: I'm a little embarrassed to ask this question, but do I need to hire an attorney for closing? I'm a first-time homebuyer purchasing a new construction home and I [...]
First-time home buying tips for 2020. A look at the real estate market heading into 2020 and four tips for homebuyers in the new year. In a few days, we’ll start a new decade. Rarely has a decade produced the kind of wild swings in residential real estate prices as we’ve seen over the past [...]
Is a condo or townhouse a better investment? These readers want to buy property in San Francisco they plan to rent out when they move in a few years. Q: I just read the AMA Ilyce did on Reddit about a year ago on buying a home. Thank you for all the information that you [...]
Gen Z: homeowners by age 30? Gen Z wants to buy a home in 5 years, but most early adults still receive financial support from parents. Nearly 60 percent of Gen Z wants to buy a home within the next five years, meaning they would become homeowners by the age of 30, according to research [...]
