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How Did First-Time Buyers Fare Last Quarter?

Pro Builder

Despite low, low housing inventory and rising home prices, first-time buyers accounted for 31% of home sales in the fourth quarter of 2020. On the other end, Los Angeles, San Diego, San Jose, San Francisco, and Sacramento remained the most pricey metros. How Did First-Time Buyers Fare Last Quarter? cbroderick.

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Affordability Worsens for First-Time Buyers

Pro Builder

NerdWallet analyzed home affordability for first-time buyers in the country’s largest metros, finding a notable loss of affordability for these usually younger buyers with less robust credit histories and tighter budgets. Increase in inventory is just a drop in the bucket. Across the 50 most populous metros, homes were 5.5

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

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