Tag Archive for: renting

Why American Millennials are waiting longer than ever to buy first homes

By Josh Boak, AP Economics Writer Short of cash and unsettled in their careers, young Americans are waiting longer than ever to buy their first homes. The typical first-timer now rents for six years before buying a home, up from 2.6 years…

The source of home price movement: buyer purchasing power

Buyer purchasing power is the single largest influence on home prices. When buyer purchasing power falls, home prices are sure to follow. When purchasing power rises, the outlook for future pricing is good. The buyer purchasing power index…
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What it takes t…

What it takes to buy a home Curt Chapman, Real Estate Broker, Coldwell Baker Star Realty (714) 458-7271 or curtc2@verizon.net Tired of renting? It could be a great time to buy your first home. In many cities, home prices have bottomed and…