First Time Buyers | Which Comes First… Marriage or Mortgage?

First Time Buyers | Which Comes First… Marriage or Mortgage?

Are you looking to buy a home in Fergus Falls MN 56537? As a real estate agent, I want to be prepared to ensure that you are given the best buying experience with knowledge and expertise to guide you along the way.  

Today I’d like to write about the statistics that reveal who is buying homes in the United States today, particularly first-time home buyers.

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.

But, many couples are also deciding to buy a home before spending what would be a down payment on a wedding, as unmarried couples made up 16% of all first-time buyers last year.

If you’re single, don’t fret! Single women made up 18% of first-time buyers in 2017, while single men accounted for 7% of buyers. A recent report pointed to a sense of responsibility and commitment that drives many single women to want to own their own homes rather than rent someone else’s.

Here is the breakdown of all first-time homebuyers in 2017 by percentage of all buyers, income, and age:

Which Comes First… Marriage or Mortgage? | Simplifying The Market

Bottom Line

You may not be that much different than those who have already purchased their first homes. Let’s get together to determine if your dream home is already within your grasp!

Source….  KCM Charlie Brue blog


To protect your interests and ensure that you make the best possible decisions, it’s important that you have a knowledgeable agent on your side who is an expert in his local real estate market. I am dedicated to keeping you on top of our local market. Rest assured that I will provide you with well-informed, trustworthy and personal guidance for your home purchase/sale in Fergus Falls Minnesota.
To reach me, call or text 218-205-6566

Or send me an email at charlie@century21vista.com
Search for the newest listings in Fergus Falls

FERGUS FALLS LISTINGS

Thinking of selling your home? Let me take over the marketing of your property. I’d love to visit with you about the Fergus Falls market and the value of your home.
CHARLIEBRUEHOMES.COM
CALL OR TEXT 218-205-6568.

 

“Seeking to provide help, joy and benefit to home buying or selling.”

Leave a Reply

Your email address will not be published.