First Time Home Buyer Statistics

FIRST TIME Buyer STATIŠTICS 31 In 2014, the average first time homebuyer was 31 years old. The average income for first time homebuyers was about $68,300 for married couples in 2014. 24 95% of first time homebuyers financed their homes this past year. $$$$$$$$$ Over the past 12 years, first time homebuyers have accounted for 46% of all home purchases. 51% of first time homebuyers are married, while 25% are single women. 51% 76% of first time homebuyers are white/Caucasian 87% of buyers used the Internet to help in their home search. 38% of first time buyers bought a home in the $100k-$175k price range. $$ http://www.realtor.org/reports/highlights-from-the-2014-profile-of-home-buyers-and-sellers COOKE CastleCookeMortgage.com ORTGAGE