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At the same time, higher mortgage rates have increased monthly housing costs, pushing many first-time buyers out of the market. Then there’s the lack of affordable housing options.
First-time homebuyer share of market in 2023: 32 percent Not only did 2023 see a low percentage of first-time buyers, but the ones it did see were older, with a typical age of 35.
At the same time, higher mortgage rates have increased monthly housing costs, pushing many first-time buyers out of the market. Then there’s the lack of affordable housing options.
There also are first-time home buyer classes they can take and down payment assistance programs.” Thurston County’s December housing data Single-family home sales rose 7.9% to 231 units last ...
Last updated Dec. 19. Learn more about homebuying difficulty in most U.S. counties based on factors such as affordability, available homes, homebuying competition and economic stability.
Homes are selling below their asking prices for the first time in late spring since the onset of the COVID-19 pandemic, signaling a potential return to a buyer’s market. According to a report ...
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