First Time Home Buyers Lead Market in 3rd Quarter
First-time home buyers purchased 601,000 single-family homes compared to 567,000 during 3Q’16, an increase of 6%, resulting in the highest quarterly purchase volume since September 30, 2000, according to the Genworth Mortgage Insurance First-Time Homebuyer Market Report
for the third quarter of 2017. It was the highest level of first-time home buyer demand since the third quarter of 2000. First-time home buyers accounted for 40% of all single-family homes sold and 56% of all purchase mortgages financed. Have the Easterbrook Team show you all your options to buy for 2018. Call us at (916) 850-6050.
No comments:
Post a Comment