to the National Association of REALTORS
most recent Profile of Home Buyers & Sellers,
married couples once again dominated the first-time homebuyer statistics in 2017 at 57% 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 16% of all first-time buyers last year.
If you’re single, don’t fret!
Single women made up 18% of first-time buyers in 2017, while single men accounted for 7% of buyers. A recent report
pointed to a sense of responsibility and commitment that drives many single women to want to
own their own homes rather than rent someone else’s.
Here is the breakdown of all first-time homebuyers in 2017 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! #brokermac #castrovalleyrealtor