SHARE
FACEBOOK
TWITTER
LINKEDIN
PINTEREST

First Time Home Buyers What’s the Scoop?

October 10th, 2017 By Martha-Brown in Blogs. Tags:

First Time Home Buyers What’s the Scoop?

First Time Home Buyers What’s the Scoop?

First time home buyers are rapidly rising. 55% who shopped for a mortgage in the first quarter of 2017 were non homeowners. That is up form 50% in 2016 and 45% in 2015. Below are the national figures for first time home buyers for 2017.  Nice to see them on the move to home ownership. First Time Home Buyers…. What’s the Scoop?

First Time Home Buyers

First Time Home Buyers

35%- buyers that are first time

6%- medium down payment

87%- were born in the US

74%- were renting

21%- were living at home

82%- looking for a detached home

9%- looking for a townhouse

1%- looking for a condo

60%- have no children

19%- have one child

15%- have 2 children

5%- have 3 or more

image/svg+xml Top