Found 1 blog entry tagged as First-Time Homebuying.

30 years of National Homeownership Month 

Homeownership remains a cornerstone of the American Dream — but getting started can feel overwhelming. Nearly 1 in 4 Gen Z and Millennial adults say they’re anxious about where to begin and who to trust. And 69% of U.S. adults mistakenly believe mortgage rates are at all-time highs. Add Redfin’s headline about “500,000 more sellers than buyers,” and hesitation is understandable. But here’s what’s missing:

  • 72% of renters are more worried about rising rents and their long-term finances.

  • While rates are up from pandemic lows, they’re still under the historical average of 7.7%; and projected to dip in the year ahead.

  • 22 of the top 50 metro areas have returned to…

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