first time buyers Archive

Sales to First Time Buyers: 28 Percent of Sales

Approximately 28 percent of REALTOR® respondents reported that their last transaction in June was by a first time home buyer (27 percent in May) [1], according to the June 2014 REALTORS® Confidence Index. Tight underwriting standards are especially challenging...

Homeownership Rate in the Second Quarter of 2014

The homeownership rate fell to 64.8 percent in the second quarter.  It marks the lowest ownership rate in nearly 20 years.  After peaking at 69 percent in 2004, the ownership rate has been steadily falling, at first from the...

Sales to First Time Buyers: 30 Percent of Sales in March 2014

First time home buyers accounted for 30 percent of residential sales in March (slightly up from 28 percent in February), according to the latest REALTORS® Confidence Index report. REALTORS® have reported that first-time buyers are having problems with tighter...

60 Percent of First-time Buyers Put Down 6% or Less

About 60 percent of first time home buyers put down 6 percent or less, according to the March REALTORS® Confidence Index. This is down from about 74 percent in 2009. Under tight underwriting standards, REALTORS® have reported that buyers...

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...