Buying A Home Just Got A Little Easier, Good News, First-Time Homebuyers
If you've been keeping an eye on the housing market recently, you know it's been tough out there for buyers. Rapid home value appreciation and nearly-stagnant inventories have created highly-competitive housing markets across the country and first-timers are especially affected. High rents coupled with the inability to leverage the sale of an existing home for a down payment have left many would-be buyers on the sidelines. However, new data from RealEstate.com suggests that there could be a sway in buyers' favor sooner than previously thought.