Home Loans & Mortgages » First time home buyer

Home loan applications growth caused by first home buyers

Rick Adlam — Sat, 28 Apr 2012 10:11:56 +0000

First home buyers increase mortgage home loan approvals 10% as first home buyers grab home buying bargains.

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First Home Buyer: Is the dream of homeownership over in the UK?

Rick Adlam — Fri, 23 Mar 2012 10:18:53 +0000

In the US the average first home buyer is 44 and in Australia it was approaching 38 years old, but recently fell as a boost to the First Home Owners Grant spurred many young people to build new homes in 2009. Later figures are yet to be freely available, but I suspect that this has forced younger people into buying sooner and this would have meant that we are now in the zone wherehomebuyers are again creeping to 40 year old age bracket. In the UK the figures in a survey showed 20% of potential first-time buyers expect to be 40 years old before they buy their first house.

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New home construction and housing sales down 12 percent on Last year

Rick Adlam — Fri, 16 Mar 2012 22:17:08 +0000

The Housing Industry Association says that new home construction and home sales dropped 0.8 per cent last month due to a big drop in the sale of units. The Housing Industry Association (HIA) says that new home construction and sales dropped 0.8 per cent last month due to a big drop in the sale of units and [...]

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