Posted on November 5, 2015 - 06:34 PM
by Estefene Nestor
Number of First-Time Home Buyers Falls to Lowest Level in Three Decades
Concerns continue to grow that young people are being left out of an otherwise strong housing-market recovery due to the fact that the share of U.S. homes sold to first-time buyers this year declined to its lowest level in almost three decades. First-time buyers fell to 32 percent of all purchasers in 2015 from 33 percent last year, the third straight annual decline and the lowest percentage since 1987, according to the National Association of REALTORS®. Typically, first-time buyers comprise 40 percent of purchasers. As home prices continue to rise, it will become even more difficult for new buyers to enter the market
Kelly Gabbadon I can't thank you enough Nestor you made my dream possible in 1 short month when everyone said it would take some time to sell & although it was a lot of work selling my 1st home you walked me straight through & for that I am forever grateful..
766 Gatewood San Leandro California..Kelly Gabbadon
In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you!Ms Doloris Lopez