Buying a Starter Home in a Sellers' Market

The dream of owning your own home is slipping further out of the reach of first-time buyers thanks to sky-high prices and mortgage rates that have more than doubled over the last few years. Amira Elgoneimy, a premiere agent with Redfin real estate brokerage, and Daryl Fairweather, chief economist with the real estate brokerage, explain the challenges buyers are experiencing as they try to buy their first homes.

More In Business

Never Fear, More Caitlin Clark Merch Is Coming

The WNBA is gearing up for what is sure to be an incredible season — with sold out crowds and high ratings. It's Caitlin's world, we're just living in it.

5% Interest Rates, 2% Inflation Might Be the New Normal

We've all heard that interest rates could stay 'higher for longer,' but what does that really mean? We had a professor at Georgetown break it down.

Suffering From Tip Fatigue? Us, Too. Tiphaus Wants To Help

Tipping expectations have increased. A 2023 survey revealed that approximately 72% feel they are now asked to tip service workers more often than before.

Big Business This Week: From Meme Stocks to Dead Lobster

Memes have the market in a tizzy; Red Lobster taken down by... shrimp?; and John Deere is strangling farmers.

The Dow Just Crossed 40,000 For the First Time: Is it a Big Deal?

Although the Dow's topping the 40,000 level is cause for celebration, it doesn't inherently mean much.

Find Out Which State Is Doing More to Attract Top Talent

Chief Growth Officer for Michigan joins Cheddar to discuss the state's initiative to attract Gen Z and top talent. Watch!

What Are Americans Buying? National Retail Federation Has the Receipts

Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.

Trade In Your Cocktails For Mocktails. Sober Curiosity Is In

Lightspeed's data confirms that consumers are significantly reducing their alcohol consumption, with sales showing a decrease compared to last year.

Want A Better Deal On Your Next Car? Learn How To Negotiate For A Better Price

Negotiating a better price on a certified used vehicle should definitely be part of the buying process.

AI Funding Resilient in Q1 2024: $12.2B Invested Despite Fewer Mega-Rounds, Crunchbase Data Shows

In 2023, the AI sector saw significant growth in venture investment; however, concerns have risen about the sustainability of this growth.

Load More