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Millennials prove their dependency on FHA loans is shrinking

Posted by   /  August 11, 2017  /  Real Estate  /  No Comments

By Kelsey Ramirez | Housing Wire The youngest generation of homebuyers is depending less on loans from the Federal Housing Administration, according to the monthly Ellie Mae Millennial Tracker report. Millennials, defined as the generation born from the early 1980s to mid 1990s, are entering the housing market as first time buyers, and the latest […]

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EXCLUSIVE: Phoenix Metro housing demand high, but affordability lacking

Posted by   /  July 28, 2017  /  Real Estate  /  No Comments

By Callan Smith | Rose Law Group Reporter Homebuyer traffic levels are up to a decade high in Phoenix Metro, said Jim Belfiore, founder and president of Belfiore Real Estate Consulting, to a gathered group of homebuilders and industry professionals. That’s good news for builders and home sellers because traffic indicates homebuyer interest. Peak traffic […]

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Inventory and Price Watch: It’s Harder To Get Started

Posted by   /  December 15, 2016  /  Real Estate  /  No Comments

home price increase

Trulia America’s starter-home shortage is worsening. The number of available homes for the average first-time homebuyer saw its steepest year-over-year drop in three years, 12.1%. And buyers have to pay more to get them: 1.9% more of their income, an increasingly unaffordable pace. We took a look back at affordability since 2012 and compared annual […]

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