This spring I handed house keys to a first time buyer who’d been dreaming of owning his own home for over ten years. In fact he’d been (more…)
FHA has been sustaining first time homebuyer market and lower price point homes through the collapse of the real estate market. Now that the market is slowly on its way to recovery, FHA is not so subtly backing away from their low down payment options, making it harder for a lot of homebuyers to buy their first home. (more…)