first time buyers Archive

First Time Buyers: 27 Percent of Residential Buyers

Approximately 27 percent of REALTOR® respondents reported that their last sale in December was by a first time home buyer [1] (28 percent in November). REALTORS® continued to report about the difficulty of home buyers in accessing credit and...

The First-Time Buyer: Characteristics

The first-time buyer has some characteristics different from the market as a whole.  Based on data from the January to June 2013 REALTORS® Confidence Index surveys, 91percent of first-time buyers purchased their home using a mortgage.  The median FICO...