In the National Association of REALTORS' latest Profile of Home Buyers & Sellers, it was reported that 58% of all first-time buyers in 2016 were married couples. It makes sense that married couples would dominate the statistics once again because having two incomes to save for downpayment and contribute to monthly housing costs makes buying your dream home more attainable. Many couples are also deciding to buy a home before spending what would be a downpayment on their wedding, as unmarried couples accounted for 14% of all first-time buyers in 2016. However, there is no need to fret if you are single! Single women made up 18%, and single men made up 8% of all first-time buyers last year, proving you can make it on your own! Below is the breakdown of all first-time homebuyers in 2016 by percentage of all buyers, income, and age.
You may not be that much different than those who have already purchased a home. Let's make your dream a reality, too! Contact us at (864) 341-7774 or email us at email@example.com.