first time buyers Archive

Eighty Percent of First-time Homebuyers Put Down Less than 20 Percent Downpayment (Based on December 2016–February 2017 Closed Sales)

More first-time homebuyers take advantage of a low downpayment loan compared to all homebuyers, according to the February 2017 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Among all...

First-time Homebuyers: 32 Percent of Residential Market in February 2017

Sales to first-time homebuyers accounted for 32 percent of residential sales in February 2017 (33 percent in January 2017; 30 percent in February 2016), according to the February 2017 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS®...

All-Cash Sales: 23 Percent of Residential Sales in January 2017

In January 2017, 23 percent of sales were cash sales (21 percent in December 2016; 26 percent in January 2016), according to the January 2017 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity...

Highlights of the December 2016 REALTORS® Confidence Index Survey Report

While local conditions vary, the REALTORS® Buyer Traffic Index and the REALTORS® Confidence Index—Current Conditions for single-family homes remained above 50 in December 2016, indicating that more respondents reported “strong” than “weak” conditions, according to the December 2016 REALTORS®...

First-time Homebuyers: Slightly Up at 32 Percent of Residential Sales in 2016

REALTORS® reported that first-time homebuyers accounted for 32 percent of residential sales in 2016 (30 percent in 2015), according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local...