First time home buyers

After a strong February, existing-home sales took a U-turn in March. While buyer conditions heat up and mortgage rates remained low, consumers took a patient approach — especially in the expensive West Coast markets.

Sales of previously owned homes eased more than forecast in March, suggesting the housing market is still finding its footing after a weak 2018.

The spring housing season launched with a bang in central Ohio as the region was named the nation's hottest real estate market by Realtor.com.

Fifty-nine percent of Americans between the ages of 18 and 23 want to buy a house in the next five years, and more than half have already started saving for one, according to a survey by Bank of America.

The Hispanic homeownership rate increased for the fourth consecutive year, despite the fact that the demographic remains more exposed to barriers to buying a house than the general population.

Lennar, one of Houston's largest homebuilders, has launched a line of communities that aims to offer new houses in an increasingly rare affordable price segment serving first-time buyers.

With interest rates down, purchase mortgages accounted for the vast majority of millennial homebuyers' loans in February, according to Ellie Mae.

Despite earning less, the share of single female homebuyers who recently made a house purchase doubled that of single men, according to the National Association of Realtors.

Bank of America is setting aim at low- to moderate-income and multicultural homebuyers and communities with the launch of its Neighborhood Solutions affordable homeownership initiative.

The total number of days that elapsed between consumers' initial home tours and their closing dates fell to the lowest level in at least six years this winter, according to Redfin.

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This spring is shaping up to be another sellers' market in metro Detroit housing as would-be buyers continue to scramble over the slim number of for-sale houses, especially those with entry-level prices below $325,000.

Starter home inventory is letting up, and the growth in supply seems to be more of a market shift than a temporary change, according to Zillow.

With the launch of its Medical Professional Mortgage Product, TD Bank is leveraging an opportunity to attract new customers and to address what it says is a knowledge gap among this group of professionals.

Lennar, the region's largest home builder has acquired a huge piece of land alongside Interstate 15 in the San Diego community of Rancho Peñasquitos and is preparing to build 324 single- and multi-family homes for middle-class families.

Sales of previously owned homes rebounded in February to the fastest pace in almost a year, topping estimates and snapping a three-month streak of declines to offer a robust indication that the housing market is stabilizing after last year’s slump.

The gap between potential and actual existing home sales is narrowing even though supply shortages still vex the market, according to First American’s latest report.

The home purchase loan share is up and closing times are down ahead of an expected healthy spring buying season, and declining mortgage rates could be a reason, according to Ellie Mae.

Canada's housing agency will spend up to C$1.25 billion ($943 million) over three years to take equity positions in homes bought by first-time buyers, part of a plan by Justin Trudeau's government to make housing more affordable for the youngest voters.

From the desert of the Southwest to all across Florida, here's a look at the 12 housing markets deemed best for first-time home purchasers.