Sales to first-time home buyers fare best in tough quarter: Genworth

Sales rose 10 percent in according to year-end figures from BHHS Fox & Roach. Sales in center city rose almost as much.

Greenwich’s Long-Listed Luxury Homes Are Finding Buyers Faster. Home sales in Greenwich, Connecticut, declined for a third straight quarter, but a few rays of sunshine managed to pierce the gloom. Some of the town’s priciest, hardest-to-sell properties found buyers, and quicker than they used to.

Housing market predictions 2019: Analysts see a tough housing market for buyers and sellers. Should you buy or sell a home in 2019? Which housing stocks are likely winners?

Thirty-two percent of first-time home buyers have been searching for more than six months, including 24 percent who have been searching for more than a year. This compares to 18 percent and 11.

Home prices in the Buffalo-Niagara Falls area have reportedly remained steady thus far in 2009, though sales activity has fallen roughly 20 percent from 2008 levels. Contacts in both upstate New York and northern New Jersey note that the new tax credit for first-time home buyers has spurred at least some interest among potential buyers.

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This quarter, for the first time ever, it became the largest source of credit to first-time homebuyers." About Genworth’s First-Time Homebuyer Market Report . The First-Time Homebuyer Market Report is the only economic series measuring the number of home sales and mortgages to first-time homebuyers covering the entire housing market.

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The researchers also found — unsurprisingly — that people who regularly consumed southern fare tended to live in the so-called. butter and tons of salt, it’s a tough sell," she said. "Still, it.

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NerdWallet expects affordable homes to remain in short supply in the second half of 2019, but millions of homeowners could save by refinancing. Read more about these near-term housing trends.

The slowdown in the first-time homebuyer segment was less pronounced as compared to other buyers, however. For example, home sales to repeat buyers fell by six percent year over year, and sales to cash buyers were down by seven percent. This is a reminder that first-time homebuyers differ from other buyer groups in terms of why they buy.

Even Wal-Mart Stores (WMT), which typically fares well during tough economic times. half are in the company’s home state of Florida. Management of the supermarket chain said it expects sales to.

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