According to theNational Association of REALTORSmost recentProfile of Home Buyers & Sellers,married couples once again dominated the first-time homebuyer statistics in 2016 at 58% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.
But, many couples are also deciding to buy a home before spending what would be a down payment on a wedding, as unmarried couples made up 14% of all first-time buyers last year.
If you’re single, don’t fret!Single women made up 18% of first-time buyers in 2016, while single men accounted for 8% of buyers. One recentarticlepointed to a sense of responsibility and commitment that drives many single women to want to own their home, rather than rent.
Here is the breakdown of all first-time homebuyers in 2016 by percentage of all buyers, income, and age:
You may not be that much different than those who have already purchased their first homes. Let’s get together to determine if your dream home is already within your grasp!
Author:Heather F Davidson Phone: 609-209-7581 Dated: February 15th 2017 Views: 215 About Heather: I'm an agent whose business is built on the promise of exceptional customer service. If you are sel...
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Specialties: Buyer's Agent, Listing Agent, Relocation, Short-Sale
I'm an agent whose business is built on the promise of exceptional customer service. If you are selling your home or searching for that special place to call your own, you deserve to work with someone you trust-someone who you know has your best interests in mind. Whatever your particular Real Estate need, I'll work hard to make sure that you are completely satisfied. I have the knowledge, experience, and dedication that it takes to get results.
We hope 2018 is a great year for you, both personally and
"Heather helped me buy my first house and she made the whole experience way less stressful than it could have been. She is very knowledgeable and a very nice person. She had answers to all of my questions and if she didn't know the answer right away she was quick to get it. Even in my crises moments when I was second guessing about buying or what I was doing she was there to calm me down, help me out, and keep me headed in the right direction. I highly recommend her for anyone's future home needs."