The Quantifiable Inconsistency: Evaluating Our Perceived Researched Value of First-Time Homebuyers In The Market
Rethinking the Value of First-Time Homebuyers in the Market
Housing market analysts have reached the conclusion that first-time homebuyers are not able to keep up with the incline of home prices, which has been consistently rising over the last seven years.
The National Association of Realtors (NAR) latest reports on existing home-sales can be found here. Their reports on the monthly and yearly activity of First Time Homebuyers (FTHB) shows us little change from March of 2019 to March of 2018. The NAR finds that 33% of buyers are made up of by FTHB.