First-Time Buyers Continue to Wait

Manageable rents and flexibility are reasons people aren’t buying houses.

January 05, 2016

Photo: Alex Proimos/Creative Commons.

First-time buyers are making up less of the homebuying market, Realtor.com reports.

While younger adults delay the process of purchasing their first home, typically due to affordability and financial flexibility concerns, other segments of buyers are impacted.

“For the housing market, meanwhile, first-timers represent fresh demand,” Andrea Riquier of Realtor.com writes. “Without them, current homeowners can’t sell homes and move up; without move-up transactions, many older people can’t sell and downsize as part of retirement.”

Comments on: "First-Time Buyers Continue to Wait"

Point Of View

Got a story you want to share with PB readers? Write ddersin@sgcmail.com or aalbert@sgcmail.com

The Warm Side of Modernism

July 28, 2017

By: Amy Albert

Palm Springs, Calif., has been a redoubt for snowbirds and show business royalty at least since the 1930s.

Ask Mollie

Making the Most of Social Media

By: Mollie Elkman

Q. My sales person seems to be doing a good job with our social media, but how can I tell for sure?

—Builder, La.

Blogs

Go With The Flow

July 14, 2017

By: Susan Bady

When we are completely focused on a task, we’re said to be “in the zone.” I call it being on a roll, and once it kicks in I can write for hours without a break, and invariably I do my best work.