Colorado Association of REALTORS | First Time Homebuyer
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First Time Homebuyer Tag

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Berthoud Homebuilder’s Mission: Affordability

Mission Homes Colorado to break ground in July on houses starting in mid-$200,000s By Craig Young Reporter-Herald Staff Writer   For several years, builders in the region have said that it's not possible to construct a detached single-family home that would sell for less than $300,000.   "On the Front Range, the conversation starts in the mid-$300,000s," he said. "But the days of homes in the...

Down Payment Resource Program

  3 Most Common Down Payment Programs   How do today’s buyers go from dreaming of owning a home to holding their first set of keys? Like most new buyers, the down payment is what’s holding them back. But, it could pay off big time to investigate down payment options. There are more than 2,400 homebuyer programs available across the country--they can be...

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Becoming a First-Time Buyer in America’s Least Affordable City

Becoming a First-Time Buyer in America’s Least Affordable City June 15, 2017     For millennials in America’s fastest growing cities, becoming a first-time homebuyer is more challenging because average wages can’t keep up with the rising cost of a median priced home. And, Denver takes the number one spot as the least affordable hot spot for millennial buyers, according to a new joint...

High Rent Pushing More Millennials to Consider Buying

Millennials. Many were raised during the housing crisis and the recession. Their childhood experiences in a down market has shaped their outlook on home ownership. At least, that was the prevailing belief. A few years ago, it looked as though the millennial generation was rather uninterested in buying a home. In 2013, NAR was releasing reports showing a gradual, year-to-year, conspicuous...