Wally Blog

Down Payments Prove Major Hurdle For Millennial Home-Buyers

More than two-thirds of potential millennial homebuyers say that saving for a down payment is the biggest barrier to purchasing a home, and a fifth of them said that they’ll get financial help from friends or family members to make the purchase, according the new...

Study: Renters’ Extend Beyond Big US Cities To The Suburbs

About 29 percent of metropolitan-area suburbanites were renters in 2014, up from 23 percent in 2006, according to a report being released Tuesday by New York University's Furman Center real estate think tank and the bank Capital One. The finances of home ownership since the mortgage...

Why First-Time Home Buyers Have Lost The Desire To Buy

First time home buyers, making up over 40% of the market just a few short years ago, now make up less than 30% in 2015. There are a number of reasons why first time home buyers are staying away, including rising home prices, high levels of...