first time buyers Archive

Sales to First-Time Buyers: 30 Percent of Sales in May 2016

The share of first-time home buyers accounted for 30 percent of residential sales in May 2016 (32 percent in April 2016; 32 percent in May 2015), according to the May 2016 REALTORS® Confidence Index Survey Report.[1] REALTORS® have reported that...

Highlights of April 2016 REALTORS® Confidence Index Survey

Market conditions vary across local markets, but the REALTORS® confidence and traffic indices indicate that overall housing market activity slightly improved in April 2016 from April 2015. Compared to one year ago, housing market activity was essentially unchanged.[1] REALTORS®...

Private Mortgage Insurance

 Buying a home with a down payment of less than 20 percent can be expensive, but it just got cheaper for some home buyers. Many private mortgage insurers have dropped the rates they charge high quality borrower. Combined with...

Repeat Buyers Making a Splash More Than First-Time Buyers

One way to examine changes in the housing market is to look at the prior living arrangements of buyers, specifically changes in the last decade. In 2015, 43 percent of all buyers rented an apartment or house before buying....
April 6, 2016

Hidden Demographics of First-Time Home Buyers

For the third year in a row, the percent of first-time home buyers in the pool of all home buyers has decreased to a historical low number, according to The National Association of REALTORS® Profile of Home Buyers and...